[masukomi]

75 people have (presumably) told their current employers that they're quitting, and moving to somewhere they believe is "better".

They are about to have no income, and no health insurance, in a fucking difficult job market where it can take extremely well qualified people months to find positions.

"I am deeply sorry to those people who were expecting to join our company..." does not begin to address the level of absolute upheaval he's just caused in 75 people's lives.

[dixie_land]

And if they handled the resignation like a professional, it is not uncommon to simply get the job back.

I've left one of the big FANGs for an opportunity that I thought was better, but did not pan out, when I emailed my old (skip) boss about how to re-interview for my old team, he simply asked "when do you want to start?" (Even get new sign on RSUs)

[q7xvh97o2pDhNrh]

How long ago was that?

It's very different right now. Every team is starved for headcount. Job openings don't grow on trees these days — not even in FAANG-land.

[dixie_land]

You got a good point, but let me clarify a bit: my hire back was within 4 months so I didn't consume any HC since my position was not backfilled yet.

Which I do think applies to this case, esp with ones say starting next Monday, their old position is probably not backfilled yet and why not hire someone who already knew the job.

AFAIK, most FANNG companies still have some sort of 6 month to a year hire back no interview policy.

[hedora]

Some places have suspended backfill.

However, hiring is still tough.

[jeffbee]

> a fucking difficult job market

? This is the hottest job market in living memory. Labor economists have run out of ways to describe it. A damp log can get a six-figure signing bonus.

[a2xd94]

Clearly you've not been in a job search and can compare the software job market in 2016-2021 vs now. The market is not 'hot'. Warm, maybe. Lukewarm, definitely.

[jeffbee]

I don't believe in anecdotes. I believe in data. According to the BLS, "Computing infrastructure providers, data processing, web hosting, and related services" sector added 6000 jobs last month and > 30k jobs in the past year. Unemployment among educated professionals stands at 2.2% which is ridiculous.

[a2xd94]

Cool data. Now for the real-life implication and meaning of those nice numbers, for the SW industry :

- low unemployment + high employer demand for new positions + high wage growth = hot job market

  - where the market was in 2016-2021

- low unemployment + low employer demand for new positions + low wage growth = lukewarm job market

  - where the market was in 2022

- low unemployment + medium employer demand for new positions + low wage growth = warm job market

  - where the market is currently