Lets say you signed in an offer letter electronically for one of FAANG. Then, you received a much better offer from another FAANG. 1. How do you reneg the offer if you want to go to the second one? send an email to recruiter? 2. What is the impact of this? Would they blacklist you? 3. Would it be better to hold off the second one for 6 months then join? Will this be better?
1. Yes 2. More than likely 3. Your team will hate you and you’ll have to pay back part of your bonus if it’s a lump sum
Does blacklist last for ever? What if a recruiter reaches out to you after a year asking if you're interested?
What fang did you accept and which one are you trying to move to?
Take the one that pays the most
Depends on how much better. For a 1-10% higher offer, I'd probably stick with the offer I signed. For 15+% more I'd likely renege. In between is more blurry and starts to depend on the specific companies, how excited I am by either job etc.
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Renege and join the one with better offer. Yes the other one might blacklist you