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For moral reasons, I don't want to hire someone who worked at Facebook. For business reasons, I don't want to hire someone who was one of the worst performers at Facebook. I expect many of these candidates will be laughed out of the room during the negotiating stage for asking for $300k total comp. The good times are over!
Software engineers looking for a job should consider the chip industry, which is not just about hardware engineers. Plenty of software engineer openings https://semiengineering.com/jobs/ and many are remote
Are you speaking from experience? Almost all of the jobs at the page you linked are either not in the U.S. or require hardware education or experience. Most are not remote. Could you please describe the actual steps and timeline for, say, a frontend or backend web developer without an engineering degree to transition into one of those jobs?
Earlier quoted context omitted.
Are you speaking from experience? Almost all of the jobs at the page you linked are either not in the U.S. or require hardware education or experience. Most are not remote. Could you please describe the actual steps and timeline for, say, a frontend or backend web developer without an engineering degree to transition into one of those jobs?
Do you have strong CS fundamentals (generally acquired through university education) ? Because that stuff really matters if you want to work on stuff related to hardware
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I’m not sure why you’re celebrating that high paying jobs for workers are over.
Because they never really existed in the first place, except for at a few major corporations that basically monopolized the labor market and forced a choice between morality or high pay. Meanwhile, the workers who took those jobs deluded themselves into thinking they deserved those salaries based purely on merit, and that their salary would keep increasing throughout their career.
This also says nothing of the (what I would consider) tier 2/3 companies still offering over $300k TC for senior (5+ yr experience) technical talent. There are _even more_ more well-funded, semi-unicorn startups offering base salary $200k+ plus equity in their startups. In my last job search alone I found 3 of these companies which you've probably never heard of.
The competition for _technical_ talent is fierce.
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Do you have strong CS fundamentals (generally acquired through university education) ? Because that stuff really matters if you want to work on stuff related to hardware
Most of the listings require past experience with hardware stuff, not just CS fundamentals. I'm seeing very little interest in hiring someone like an experienced React developer who just got laid off from FAANG. There's a big difference between being theoretically capable of doing a job, and having any reasonable chance of getting hired for that job.
Same question I had before: where are the numbers? Seems like some companies are hoping to get great talent on the cheap (and pieces like this are trying to fan the flame of reduced employee costs), but I don't believe most of these layoffs affected large numbers of software engineers. Would love for some numbers regarding this, but until I see stats on number of now-available software engineers I don't see any reaso…
Same question I had before: where are the numbers? Seems like some companies are hoping to get great talent on the cheap (and pieces like this are trying to fan the flame of reduced employee costs), but I don't believe most of these layoffs affected large numbers of software engineers. Would love for some numbers regarding this, but until I see stats on number of now-available software engineers I don't see any reaso…
The problem is downstream effects. If tons of employers pause hiring because they're hoping to get FAANG alumni for cheap, maybe because they read articles like this one, that will cause disruptions in the market. It may eventually work out but eventually can be a long time to people who really need a job.
It's the whole "people think there's gonna be a recession, which causes a recession" thing all over again.
Although in this case tech talent is still a supply issue in the US. I don't think 10k (albeit exceptional) software engineers on the market will sway it when there are 4 million positions in total, and the market grew by 100k in the past year alone. Just my 2c.
Earlier quoted context omitted.
Because they never really existed in the first place, except for at a few major corporations that basically monopolized the labor market and forced a choice between morality or high pay. Meanwhile, the workers who took those jobs deluded themselves into thinking they deserved those salaries based purely on merit, and that their salary would keep increasing throughout their career.
This statement is patently false. Go look at the top paying companies on Levels.fyi for the last 2-3 years. A good portion are not major corporations but rather VC-backed startups. For a while there, Roblox and Robinhood were the ones offering insane compensations and much of FAANG (expecially AA, excluding N) were falling behind. This also says nothing of the (what I would consider) tier 2/3 companies still offering…
Software engineers looking for a job should consider the chip industry, which is not just about hardware engineers. Plenty of software engineer openings https://semiengineering.com/jobs/ and many are remote
Earlier quoted context omitted.
The problem is downstream effects. If tons of employers pause hiring because they're hoping to get FAANG alumni for cheap, maybe because they read articles like this one, that will cause disruptions in the market. It may eventually work out but eventually can be a long time to people who really need a job.
Pieces like this are trying to accomplish just that. It's the whole "people think there's gonna be a recession, which causes a recession" thing all over again. Although in this case tech talent is still a supply issue in the US. I don't think 10k (albeit exceptional) software engineers on the market will sway it when there are 4 million positions in total, and the market grew by 100k in the past year alone. Just my 2…
The questions I suppose are whether there are enough jobs to absorb the newly laid off workers with minimal disruption and whether mechanisms exist to move the workers into those jobs. Your 4 million includes irrelevant positions like IT help desk at a doctor's office in Omaha, which would be a bad match on both sides and even if it weren't would be hugely disruptive to the employee and others.