[nostrademons]

As someone who has recently hired within a FAANG, another problem is internal transfers and downsizing. The external hire process for a big company takes minimum 6 weeks. Within 24 hours of posting a job opening, I've got 20 internal transfers interested, all highly qualified, all familiar with our internal systems and processes, and all desperate to avoid being actually laid off from their team that is disappearing. My last two positions went to a returning ex-employee (who don't have to re-interview if they come back within 2 years) and to a transfer. I wanted to hire externally because I know there are good candidates out there, but it's impossible to justify waiting 6 weeks for the pipeline to close when you know that good internal candidates will get laid off if you don't take them, and the headcount likely will disappear anyway if it's not filled.