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Twitter and Meta devs tend to have a solid amount of interview prep. Now there are going to be thousands of them released into an already weak job market. In addition, all of them are jobless, and have time to do but study and send job applications every day. Is this going to be an intense competition, or is there a silver lining? Tc: probably 0
You wrote the answer in your question :(
There will be an influx and then a shortage. So many people on visa forced to leave country.
They can surely apply for and get a normal paid engineer role, around 150k TC,
Sure, let's get an Indian salary while working in the US. Very smart 🤣
I think there will be a shortage of high paying jobs (FAANG equivalent ). The real question is, would Meta/Twitter/Stripe engineers be ready to take 120k TC from their 300-400k?
Those 2 million mortgages are not going to pay themselves with a 120k tc
They might if there’s a threat to be deported from the country.
No shit. Tech market went in recession the day amazon announced it’s going in hiring freeze. Gonna miss those linkedin messages
It's super easy for FAANG engineers to get an average paid SDE/SWE job, but they don't like it. Most engineers (not only software) get from 100k to 200k in this country, and 400k+ TC is just not that sustainable in the market. FAANG is like GM and Ford in 50 years ago, when a car production line worker can get high pay and feed a whole family.
LoL so much salt 🧂😂
@ByteDance do you have anything of meaning to say?
H1Bs will be the worst affected.
as always
Working for startups is the only good option right now
Except no more funding for those 😀
Influx of LeetCoders for sure. I hope this makes companies change their interview practices.
Tech market is going to be very tough for lower performers and dead wood, who have gotten away with it in the old market in so many companies. Competition for roles will be tougher than ever, so just turning up for interviews won’t get ppl the job anymore. Cream will rise to the top and performance will more than ever be key to survival IMO
Market is gonna be really, really tough (it's already getting there) and it's gonna be worse in 2023. huge influx of highly talented engineers who got laid off, companies aren't hiring as much nor are they shelling out big bucks, and way less viable companies overall. and even for the less competitive jobs, gonna be a lot of underemployed ex faang so non top tech is fucked too going to be a long recovery friends
Lot of great startups may also come about because of this
certainly, but the vast majority of us aren't gonna join them and those who get laid off gonna be hurting in the meantime. can't pay expenses with options 😭