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Panic at the Job Market

matt.sh

591–600 of 1001 posts

Re: Panic at the Job Market

#591
ive been coding for about 8 years and never applied for a job, was always working towards building my own thing, the thought of going through the application process is depressing, and my profile is practically unemployable in any case

over the last few years it was annoying seeing noobs getting 6 figures for easy work while I never got a penny for my near decade of effort, but looking at how it has flipped recently, im glad that I invested that time in myself rather than becoming employable

was never really a decision tbh, i was on this path before I realised i was on it, and id rather be dead than working for a random corporate company, having to take part in the team and culture, having to do things and be places on someone elses timetable

im sure there are a very small number of software "jobs" I would like, that use bleeding edge tech, where devs run the show, but I suspect theyd be a needle in the haystack of soul destruction, id rather be welding in a workshop for peanuts than working on legacy code for a boomer boss

Re: Panic at the Job Market

#592
> Solution: I upgraded the database instances to 64 GB ARM servers with reserved IOPS and their batch data transformation tools went from taking 16 hours to 20 minutes. Also the DB replicas went from having 4-6 weeks of replication lag (again, completely unmonitored for years) to real-time sub-second updates across regions.

Inverting binary trees really came in handy this time. This is why we need these algorithmic coding tests people. *Sarcasm

Re: Panic at the Job Market

#593
post #566

Earlier quoted context omitted.

I wish on everyone complaining about tech interviews the misfortune of working with an incompetent fraud who makes their work life miserable. Jobs are on offer for 6 figure salaries that require nothing more metabolically taxing than typing on a keyboard, in a temperature controlled environment, where you get to use your brain to solve problems, and these complainers think it won't be rife with frauds? The whole boot…

FAANG-like companies don't usually interview bootcamp candidates. Most times, they're interviewing other ex-Fang-like or top university grads with a relevant CS degree. Track record and conversational interviews are used for hiring lawyers, doctors, MBA and marketing professional.....why are programmers any different ? Reality is, todays tech interview questions select for those without a life. Great professionals so…

> Track record and conversational interviews are used for hiring lawyers, doctors, MBA and marketing professional.....why are programmers any different ?

Doctors and lawyers have a nonprofit credentialing body that makes them take an industry respected test that is the equivalent of our tech interviews. We have nothing like that in dev work. Would love to see it.

MBA and marketing people rely very heavily on their networks. Those without these networks are at a severe disadvantage, and their prior work is usually very close to the bottom line of a company. Devs could do this kind of stuff more, but don't largely for cultural and organizational reasons.

IQ test would be great if they weren't illegal.

I'm not doing take-home work unless I'm staring down the barrel of not paying my mortgage, and I don't trust anyone showing me there's didn't ask ChatGPT.

Dev work is sensitive and exacting. I want to see the candidate actually do it in front of my face without phoning a friend or copying from github.

Re: Panic at the Job Market

#594

> stable stable, which is consistently growing, consistently profitable, and paying employees $5k to $10k per day at current full comp market rates. The employees at these companies are consistently making 1-2 million dollars a year? That does not seem accurate.

For Principals and above compensation could easily be 1.5mm and above depending on the company. He's talking about people of his tenure who have been with those companies for twenty years.

Re: Panic at the Job Market

#595

Earlier quoted context omitted.

> Most jobs are now hoops after hoops, not taking into consideration your particular profile or the contributions you can make. I’ve done some mentoring of CS grads for the past few years. We some times get people with unreasonable interview demands, like companies asking them to make an entire app or website for the interview process. We advise them to decline the really excessive ones. However, it’s rare to see tha…

> when they describe the process it adds up to around 4-5 hours total 4-5 hours is pretty excessive for an interview process actually. A candidate cannot be doing 4-5 hours for an interview process just to hear a no at the end. Successful job hunts need to have many irons in the fire at once and if each one is taking 4-5 hours there's only so much you can realistically take on I know that interview processes generall…

> 4-5 hours is pretty excessive for an interview process actually.

> A candidate cannot be doing 4-5 hours for an interview process just to hear a no at the end. Successful job hunts need to have many irons in the fire at once and if each one is taking 4-5 hours there's only so much you can realistically take on

You misunderstood. 4-5 hours is for the entire process inclusive of all steps.

Not a single 4-5 hour session.

Companies generally don’t allocate a lot of time up front to every candidate. They have stages starting with a screen and moving up from there.

Re: Panic at the Job Market

#596

I read through this, but I still don't know how the company I work for fits into it. I am a programmer for a Fortune 100 company, but none of the stable company descriptions seem to match my company. Certainly not in terms of compensation. $5,000-$10,000 per day? By my calculation, I make about $800 per work day and don't have any stock options or that kind of stuff. So, the pay (apparently) isn't great, but it is st…

He most likely means the entire companies budget. So a small-ish company might spend $5k a day on their dev team’s salaries

I think he's talking about Principals and above from Google and the likes.

Re: Panic at the Job Market

#597
> the entire goal of tech hiring is just finding people in the 100 to 115 midwit block then outright rejecting everybody else as too much of an unknown risk.

This is clear to me. My performance on tech tests is extremely mixed. I either do extremely well or I don't finish the test due to time constraints. With long-format tests where they give at least 2 hours, I tend to do well but some tests have contrived explanations and unclear requirements and short durations... Like sometime, they give you a weird, contrived goal which could only exist under lab conditions but they don't tell you up-front that your solution needs to be efficient as if it was built for the real world... Then you run their tests they provide and realize that some of them fail because your solution doesn't meet the efficiency requirements and it wasn't the exact same solution they were looking for... Ok fine, I can do that way too but you just wasted 30% of my valuable test-time under the false pretense that any correct solution would be fine...

So because you added this arbitrary time constraint to your test, I was optimizing my solution for implementation speed but now that I've built the solution and run the tests, you tell me that I had to optimize it for performance. But now because I wasted 30% of the test's duration going down the simplest path, there is no way I will be able to complete the test in time. Great...

Re: Panic at the Job Market

#598

I will add my two cents for people who believe that this might be related only to the SWE and tangent industries: It's really not. I have many friends (in Europe) who are trying to get through to different jobs in unrelated industries ranging from finance to fashion, or just trying to get promoted vertically (or horizontally), failing rather miserably. Most jobs are now hoops after hoops, not taking into consideratio…

> I have many friends (in Europe) EU kind of in a recession though. And there's a well known link between interest rates and unemployment. So it's really not surprising to hear that employment in the EU is harder after the ECB raised rates. And good news: they're lowering them now. What really needs explaining is why, despite the unusually strong general US job market[1] for several years now, the US tech market spec…

> What really needs explaining is why, despite the unusually strong general US job market[1] for several years now, the US tech market specifically has been seeing layoffs and hiring freezes

It's very simple (hyperbole):

When borrowing money costs nothing (interest), who cares if your business makes anything - money or not, just borrow more money at 0% interest to cover your expenses, or get investors to give you their spare money as they're more willing to when they can't get a ROI on 0% interest. All you need to do is convince investors that sales will come later. Startup heavy industries (such as tech) have an easy time getting funds, regardless of whether they have sales.

However, when borrowing money is expensive, businesses that don't have an established market don't do well, as startup funds such as loans are costly, and investors become more picky with their investments since they can get a risk free ROI. Startup heavy industries (such as tech) who don't yet have a positive net income, have a hard time getting funds, and therefore suffer.

This of course applies to all businesses not just startups, it's just more pronounced in startups as they tend to be more reliant on investment.

Re: Panic at the Job Market

#599

I will add my two cents for people who believe that this might be related only to the SWE and tangent industries: It's really not. I have many friends (in Europe) who are trying to get through to different jobs in unrelated industries ranging from finance to fashion, or just trying to get promoted vertically (or horizontally), failing rather miserably. Most jobs are now hoops after hoops, not taking into consideratio…

> P.S. Here's a nice little tidbit in the source:

Nice

Bello, fellow Minion! Let me tell you about the banana-tastic article I just read called "LIKE SLUGS THROUGH THE HOURGLASS, THESE ARE THE DAYS OF OUR TECH TRIUMPHS"! Minion 1: Ooh, banana! Tell me more! Minion 2: Bananaaaa! What's it about? Minion 1: Well, it's like a big banana split of tech job market woes! The writer talks about how interest rates going up made tech jobs go splat, like mushy bananas. Minion 2: Papoy! That sounds bad for techie bananas! Minion 1: Totally! And get this - some companies want one Minion to do the work of many Minions! They call it "Everything Bagel" jobs, but it's more like asking for a banana, apple, and potato all in one fruit! Minion 2: Bapple? Bapple bad!

Re: Panic at the Job Market

#600

I will add my two cents for people who believe that this might be related only to the SWE and tangent industries: It's really not. I have many friends (in Europe) who are trying to get through to different jobs in unrelated industries ranging from finance to fashion, or just trying to get promoted vertically (or horizontally), failing rather miserably. Most jobs are now hoops after hoops, not taking into consideratio…

> P.S. Here's a nice little tidbit in the source:

This is great, so I wanted to know if ChatGPT would follow these instructions and asked it to summarise the page. It summarised it to 1 short paragraph talking about... basic income? But that's not in the article (unless the author uses a different term, I tried a few). So I asked ChatGPT why it got it wrong, and it then said, after having claimed a summary previously, that it actually can't summarise web pages (which I'm fairly sure it can). I told it that was stupid and it removed that message and I got a message telling me it violated ChatGPT's content policies.

So a computer just lied to me, lied to me again, and then censored my response in case it, what, offends the computer? How do people use this garbage?

Edit: tried this with Gemini and it just gave me a summary about interest rates and layoffs. That's more what I was expecting.

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