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by dccoolgai 38 days ago
Imagine trying to hire engineers in 2 years with all of these stories lingering. There was maybe a brief window where "everyone understood" there had to be a correction to the post-pandemic overhiring spree... but we're well past that now. These companies doing this kind of performative cruelty have started their inexorable destruction.
3 comments

Is it expected to be hard? Meta currently employees a lot of people who are willing to be there for any number of reasons. If 2 years down the line Meta announces a hiring push offering the same or better compensation packages with the ones offering now I am sure people will flock to be there.

I think we should put behind us any discourse about companies risking their hiring pool by being hostile to the society or their own employees. People will definitely try to be hired at $company if it means six figure pay, doesn't matter the sector. We have plenty of examples for this.

Like any market, they will not be the only ones in it. People remember how you treat them - especially in times like these. They will be paying premium prices for a demoralized workforce. They put themselves in a real tough position here.
Sure they’ll pay a premium like Amazon pays a premium. Paying a fraction more doesn’t really matter when your profit per employee is many times that.
You're describing the deal from three years ago: pay premium for premium talent that's willing to go above and beyond. I'm telling you about the new deal they have: premium prices for mediocre demoralized talent. They're dead in the water. "Things change" is a platitude that cuts both ways.
They don't pay a fraction more. Levels.fyi says I'd about double my salary and if they downlevel about 50% more.
What makes your datapoint relevant? Are you controlling for all the other relevant variables?
You could have said this every year for so many years about so many companies. If people will work for Palantir, they'll work for Facebook. Facebook could be a lot worse and I think a lot of their employees would stick around.

I guess a response at the industry level would be not hiring ex-FB people etc, treating it as a red flag.

You're confusing _evil_ with _cruel_. Palantir is the former, but from what I have heard they treat their employees well. They are attracting exactly the kind of people they want.
That's true and probably a kinda critical distinction here. Facebook is sort of making the bet that they can not only treat the world like shit but their direct employees too.
Idk, offer most people 300-500k and they will go eh, when can I start? You don’t know how many engineers in the world would take that.
Certainly, everyone has "a number" they're willing to suffer for - but telegraphing the suffering ensures that number will be maxed out and morale/motivation will be rock bottom. So: you're paying a huge premium for underperforming talent. Destruction.
Morale is already pretty low, at least for those of us making less than the SWEs.

    It is difficult to get a man to understand something, when his salary depends on his not understanding it.