SWE salaries are about to cool down
Looks like the days of strong compensation packages are numbered. Companies want to hire more remote workers which puts downward pressure on those who do work in a physical location. Time to dust off the GMAT study guides. https://www.cnbc.com/2020/02/08/twitter-ceo-jack-dorsey-san-francisco-comments-a-warning-sign.html
Oooof!
Lol.
Great! The bay sucks. I would much rather live and work in fly over country.
I welcome it. I see nothing so special about the Bay Area that I should have to endure what anywhere else is a middle class lifestyle, just to make a decent TC. There are places elsewhere in the US and California where you can have a much better life with less money, but the FAANGs all want to stay in the Bay and certain privileged cities. It makes some sense when you are a startup and trying to get funding, that you want to be near the people who write checks, but after that? Why not find a town near a couple colleges with decent CS programs and some desirable outdoor activities, or better yet, just go like 90% distributed workforce. It fucking 2020. Yes, overall salaries will go down, but there will be more relatively high salaried jobs available from low COL areas.
People seem to think you need computer science when most problems just need a script.
Finally - I believe software engineers are truly overpaid
I see a bunch of sour grapes. Probably it’s good that Twitter moves out so others can take its market share. This Dorsey guy does nothing but just Tweets about random ideas.
HashiCorp estimates they save $10-15k per year by being distributed and avoiding real estate. That's It? I would have expected it to be higher.
Honestly that area where twitter is and Uber is - I am scared to even walk around - homeless and open poop and mentally ill , outnumber software engineers- it’s sad and depressing- how did San Francisco turn out to be costly when you cannot step out of your home without seeing someone shouting or running behind you.
I moved out of the Bay. I grew up there. The Mission smells like piss all the time. No thanks. DC is great for long term stability. Govt defense sector is never going away—bc guess what? You can’t outsource guys in India to do Top Secret mission critical work. I make decent amount—have great work life balance with a 9to5 and know in economic downturns I’m going to be fine. Manage to even buy a home in the burbs with close to an acre of land.
Congrats, sounds like a safe move
Top talent in SF is not attracted to Twitter unless the money is ridiculous? Shocker.
He has two jobs just to make ends meet
Two jobs and does zero work.