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by dinobones 916 days ago
2014 was basically peak ZIRP and startup era. I don’t think this could be replicated today. I know way too many people from Google/Meta layoffs who are still looking despite willing to take pay cuts, just to keep the lights on.
3 comments

I agree, the market is indeed challenging at the moment. Thankfully, I'm in a more stable position now. Despite not actively seeking out opportunities, I still received 4 remote job offers at the beginning of 2023 (or was it late 2022, I forget).

These offers weren't particularly thrilling, and I even left one of the jobs after a month. Regarding Meta, they are actively hiring. I had an offer from them in January 2022, which I turned down.

Then, in September 2023, they reached out again, but this time with an on-site requirement. Being based in the SFBA, I have a strong preference for remote work and am unlikely to accept an on-site role, though it's reassuring to know it's an option if remote opportunities dry up.

As for the folks you mentioned who are struggling to find work, my first question would be about the intensity of their job search. If they've sent fewer than 1,000 applications in a month or so, I would question whether their efforts are truly exhaustive. Job search in today's market demands a high volume of applications and persistence.

From the other side, I wouldn't be surprised if it didn't produce any results, but would like to hear more details, since IMO there is a need for software engineers, since I know for sure companies are hiring.

>Being based in the SFBA, I have a strong preference for remote work

I would assume the opposite since meta is also based in sfba. If you were based in New Mexico instead this would make sense.

Everyone, literally every person I know laid off at Google and Meta were subsequently rehired by the same company. It's strange.
Hired back as contractors? Hired back at < 80% of their previous total comp?
Exactly. 2014 was also when rent in SF peaked.