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by superkitty 1491 days ago
Looks like pretty much all high tech company's slowing the hiring. That usually indicates that in few months it would not be surprised to see stating the blood bath in tech companies.
5 comments

I'm looking for a job right now and honestly the market is red hot. Total comp is higher than I've ever seen and I'm even getting the opportunity to pick my interview style (eg: opting out of leetcode style interviews). I'm really enjoying the change.
I'm going to be looking soon, any tips that've been working for you so far? What sites were you looking on? Were you requesting interview type up front or just applying to ones that mention it, etc.?
Yes!

- hired.com is good for startups; startups are often matching salary and benefits with top engineering firms and don't do geopay.

- (as usual) keyword optimize your resume and sync it with LinkedIn. A lot of managers, corporate recruiters, and third party recruiters are using LinkedIn search to find candidates. I use LinkedIn as a medium-quality queue.

There is a strange rash of companies putting their total comp (and base pay) under NDA. I generally let recruiters know that I think it's important to be up front about compensation from the beginning and starting the conversation from a place that makes sense with my experience.

Yes, I let recruiters know that if I have to do a leetcode interview then they go to the back of my queue (I can do them decently well; I'm just exhausted with them and don't see value). If they're project based or where they want to look at my GitHub then they go to the front. One thing that helps them meet in the middle is that I explain that I'm developing a short list of five companies and that I will knock all of those interviews out in one week and promise not to hedge offers against each other.

> There is a strange rash of companies putting their total comp (and base pay) under NDA.

Which country do you live in? IANAL but I believe this is protected speech in the US [1].

[1] https://money.usnews.com/careers/articles/should-you-tell-yo...

I'm a US citizen, honestly, my first thought was that it sounds shady and illegal. I'm not a lawyer nor do I have the time or energy to fight them on it, I just tossed it in the trash because there's a long queue ahead of them anyway.
Colorado was the first state to require salary ranges in job listings. More states have since legislated the same, and California might have a draft bill out, I believe.
>"Yes, I let recruiters know that if I have to do a leetcode interview then they go to the back of my queue (I can do them decently well; I'm just exhausted with them and don't see value). If they're project based or where they want to look at my GitHub then they go to the front."

I'm curious what your views on interviews that require "take home projects." Companies have no skin in the game when they require you to use your nights and weekend hours to complete their project. As a result it's not uncommon to submit these and then be ghosted. I don't think I would agree to one now. The other issue is how many of these 4-5 hours can a person do in a month?

That is a perspective, and a valid one at that if you have kids or other obligations.

I dropped out of college, so a lot of the math this industry uses I had to learn on my own. I bought a lot of books and sweat over studying them, I had a leet code subscription too. The problem with this interview scheme is that:

1. It's timeboxed and our work is rarely, if ever, timeboxed to 30 minutes or less.

2. I've rarely, in my day to day work, implemented these algorithms by hand. I just need to know which to use and when to use it. When I do need to implement them I generally have a reference and I have a good reason for implementing it (like in Go with a lack of generics).

3. It's purely for the employers benefit. I gain no insight into the kind of work the team does, how it gets done, etc...

4. I have never in the history of my career had a more senior engineer watch me code in real time and criticize me.

Personally, I think companies need to offer a set of interviews. The typical leetcode for people who have gotten used to that, take home exercises for people that don't want to deal with leetcode, or even submitting example code that's relevant to the position. I'm also of the opinion that the time sunk into interviewing is the same between "problem solving exercises" and take homes. You spend months preparing on leetcode for one, but you invest a week at a time into take homes. I have been able to share take homes between companies, so I think these can be reasonably spreadload as well.

Any of these can be abused, imo, but none are more abused than leetcode or "problem solving exercises".

Sweet, thanks for the tips!
The blood bath will be real when companies start filing for chapter 11 or being sold at distressed prices. Right now we are blood bath-adjacent.
imho it's the blowback of covid + the few years before.

Companies hired based on temporary trends that could mostly be explained by covid. They scaled their team accordingly, now that people start to go out again they get less users/sales/engagement they have to scale back down.

Yeah, I don’t see what is unhealthy about the underlying economy
blood bath is already happening

interest rates raising, layoffs, entry level role hiring halt, etc.

i’m launching a startup this year fearing it would end up underfunded

I wonder if Microsoft will reconsider their pay bumps.
I think it's the opposite thinking at Microsoft: they see here an opportunity to change their reputation as "the forgotten FAANG", not even in the acronym because it doesn't pay as well as the SV companies.
The MAAGMATENN ms, aapl, adobe, goog, meta, amzn, twttr, eBay, netflx, nvidia.

Ok that’s just forcing it.

Drop an A for an E and you could have MANAGEMENT, everyone already knows about the great pay there!
Adobe? Yeah that’s forcing for sure.
Look at the five year stock growth, dark horse among the tech companies for sure
The stock is good sure, but I always figured that FAANG was more about their reputation as employers than it was about their reputation as an investment.
I often forget eBay even exists.
I know some people there who are payed very well and ride the shuttles from the same pick up spot the FAANG buses pick up from in SF, near Castro.
It should already be FAAMG for a year or two now
I think you mean MAGMA
Facebook is Meta but Google isn't Alphabet?
Fine, MAMMA it is then :)
Or knowing Amazon, they'll probably revert theirs.
granted, if I had large amounts of capital in the bank but competitors are laying off talent, I'd snap them up in a jiffy...