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> From a startup engineer's POV this is a non issue - a 18-24 month tenure is pretty standard. This assumes there's another job waiting for you at the end of
by majormajor 4y ago
> From a startup engineer's POV this is a non issue - a 18-24 month tenure is pretty standard.
This assumes there's another job waiting for you at the end of it. Raises and job offers remaining plentiful at the same time funding is drying up would require quite specific circumstances to continue - namely, that none of the companies driving today's offers depended on cheap money to get to where they are. If a substantial group of them did, there may not be much of a next round.
That said, a lot of what we see right now appears to just be crowd-following, a lot of what really happens will depend on if businesses see substantial customer exits, not just funding tightening. But if, say, there's a big enough startup crunch to hit AWS's bottom line in such a large way that they start laying people off, suddenly you can start seeing potential feedback loops pushing salaries down and difficulty of finding a job up.
- deeptote 4y agoConsidering how much AWS recruiters message me constantly, an apocalyptic scenario where even the big players are having to lay off substantial amount of engineers is pretty low on the probability curve. Especially given the crunch to hire literally anyone of any skill, which is incredibly difficult at the moment. I will say there's probably about to be a bunch of WEB3 crypto bros about to need a new job, to which I say good riddance; the days of them grifting people is probably over.
- missedthecue 4y agoHow much AWS revenue dries up when thousands of crappy startups fold? Maybe a material amount, maybe not, but there's always a ripple effect.
- deeptote 4y agoHow much of AWS is paid for by those crappy startups? Not much. AWS doesn't give a fuck about any company paying less than a few million in a year in cloud expenses.
- missedthecue 4y agoI can't imagine a world where there's an economic recession but AWS does better. I'm sure they'd slow hiring too. Companies of all industries will scale back spending, including cloud spending.