Open source foundations will go to bankruptcy without subsidies from Google and others. Are you ready for the dot com bubble 2.0? :-D
Death of open source? Don't get me excited
Google to Slow Hiring for Rest of 2020
121–130 of 305 posts
Re: Google to Slow Hiring for Rest of 2020
#122I wonder if so many layoffs, freezes etc. happening at the moment are directly due to the crisis or something that was long overdue and can now be done without much negative PR.
The crisis.
Re: Google to Slow Hiring for Rest of 2020
#123The whole world is suffering. Why did you expect to be immune just because you're a...checks notes...codemonkey?
Re: Google to Slow Hiring for Rest of 2020
#124Earlier quoted context omitted.
Google depends on advertisers to make money, and the writing is on the wall for these advertisers.
Call me dumb, but are people not sitting around consuming advertising 10x nowadays? There's never been a better time to get someone's attention.
People might be consuming 10x advertising but 1) people can't go out to the store and buy what's being advertised or use it outside after it's been boughts and 2) a lot of people are freshly unemployed or terrified about being unemployed in the near future and are not going to buy anything nonessential. Therefore, their ad impressions are worth less and so companies are spending much, much less on advertising.
Re: Google to Slow Hiring for Rest of 2020
#125As a counter point there was an article the Wall Street Journal two days ago that large tech companies(Apple, FB and Amazon) are all looking to hire: https://www.wsj.com/articles/looking-for-a-job-big-tech-is-s... Sorry about the paywall, I couldn't get outline.com to render it.
The tech sector as many other industries is always recruiting cheaper workers anywhere in the world to make more profits distributed in priority to the leaders.
Nothing new in a capitalist world...
Re: Google to Slow Hiring for Rest of 2020
#126I wonder if so many layoffs, freezes etc. happening at the moment are directly due to the crisis or something that was long overdue and can now be done without much negative PR.
That's always possible. The version I heard from a company I may or may not work for: investors watch revenue vs expenses. If you expect a downturn in revenue, you cut expenses to avoid problems. Which apparently becomes self fulfilling.
> Which apparently becomes self fulfilling.
Re: Google to Slow Hiring for Rest of 2020
#127Earlier quoted context omitted.
Google has a notoriously slow hiring process. For new grads and internships, the time between initial coding assessment to final hiring confirmation is often several months.
One has to think why the concept of employment is still considered like marriage that require such an extensive ultra-deep multi-level deliberations. Let's say you were local, why it shouldn't be possible to give someone on-the spot offer after half-day of interviews as well as let them go with, say 2 weeks of standard severance if things don't work out?
Because employment is indeed like marriage. Divorce and bad marriage is costly.
Re: Google to Slow Hiring for Rest of 2020
#128I’ve been stuck in the final SVP approval part of their hiring process for a week. At this point I think I’m just going to keep my current job. Too bad — seemed like a good time to get equity at a good “strike” price
If you do get it, I'd strongly consider negotiating a severance for the risk you're taking on.
Re: Google to Slow Hiring for Rest of 2020
#129Before everyone starts painting bleak picture, reminder: Facebook's Sandberg announced last week or so that they are going to do accelerated hiring spree this year, opening massive 10,000 more positions! Google as well as Facebook both depend on ads so I'm wondering why one is tightening the belt and other is moving full speed on expansion.
A lot of people are on Facebook and Instagram all day, stalking friends because there is not much else to do. There are only so many Google searches I can do in a day. Many of them end on Amazon where I may or may not purchase something.
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Re: Google to Slow Hiring for Rest of 2020
#130Open source foundations will go to bankruptcy without subsidies from Google and others. Are you ready for the dot com bubble 2.0? :-D
Death of open source? Don't get me excited
Death of unfair competition from communist organizations living on private money from anticompetitive tech giants.
Open source have to die to give back value to the software industry.