Right now SWEs are paid highly.. is that sustainable for FAANG? If competition gets tighter and margins get smaller, won't SWE salaries be one of the first costs to be dropped?
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- New ussI58Software devs could get cut first if recession hits. My guess is recession hits the global economy by Q4 or early next year. I think companies like capital one are over hiring software devs and I don’t think they are getting back their investment.
- Apple ditingmoreSoftware people get paid a lot for three reasons: 1. There aren’t enough of them. 2. They are critical for producing the things companies sell. 3. The incoming numbers is growing slower than the increasing need. Factor in that there is essentially zero marginal cost to making more software. The factors that you describe would make it more important to pay for good software people. On the other hand, a zillion more H1Bs would put downward pressure on salaries