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They’re not really “losing” staff as those staff members are just moving somewhere else for a 30% pay raise. For FAANG companies, “The Great Resignation” is mor
by _nickwhite 5y ago
They’re not really “losing” staff as those staff members are just moving somewhere else for a 30% pay raise. For FAANG companies, “The Great Resignation” is more like “The Great Reshuffle”.
- qqtt 5y agoWith the run up of FANG-sector stock prices, lots of people have new found economic freedom and can pursue roles they are passionate about. Combined with the huge jump in tech salaries that has persisted for the past 10 years, you have a lot of people taking stock of their life during COVID and rearranging their priorities. Lots of people in my social circle in tech have left their FANG roles to pursue smaller passion projects.