Where would you go in this environment? Most of the top-name companies have had layoffs themselves, or at the very least are at the hiring freeze stage of the layoff routine.
The "we're in a hiring freeze" press releases all have fairly broad asterisks. New people are being onboarded daily in all of the companies that announced layoffs.
That’s true, but those same companies still wound up doing layoffs later on. So if your criteria is not to work at a company without layoffs then you’re still SOL.
Meta recruiter just reached out to me this week, so even parts of Facebook are hiring, and my relevant skill set. Of course I don’t care about VR goggles, but you just had large layoffs, why would I work for you? (Plus ok Zuck is ruining your core business, but that aside)
If a layoff is inevitable, It is common in many set ups for managers to hire people new people whom they would want to let go instead of their top dogs who've been rocking their projects for years.
Nah, this role has been open to long, survived recruiting cuts, and it appears even layoffs. I wonder if FB will get so desperate they even stop trying to downlevel.
Do you mean the Microsoft VR layoffs literally announced only 1 or 2 days ago? That's giving BigCo a lot of credit in the agility department, skirting over the edge into conspiracy theory territory.
There’s tons of very profitable companies hiring right now - the “top-name” companies doing layoffs were all “growth-first, profit-never” types. We’re not in an industry-wide downturn and there’s a hell of a lot more out there than FAANG or MANGA or whatever we’re calling it now.
Google, Microsoft, Facebook, and Amazon have made an absolute shitload of money. They are among the most profitable companies in the history of humanity. Definitely not "profit-never."
> the “top-name” companies doing layoffs were all “growth-first, profit-never” types
What companies specifically are you referring to? In the last few months we've seen layoffs from Microsoft, Google, Facebook, and Amazon. These rank among the most profitable tech companies in the world. https://companiesmarketcap.com/tech/most-profitable-tech-com...
I have that kind of cushion and I am considering taking a few months off working on side projects. But 1-3 years? I would need a very, very, very solid project to consider doing that!