5 ms·
What I noticed is it is not employee laziness but the FAANG companies have ton of dead weight in terms of future projects or project features which never get re
by rajeshp1986 4y ago
What I noticed is it is not employee laziness but the FAANG companies have ton of dead weight in terms of future projects or project features which never get released. One of my co-workers was working on a feature which was shelved after working 2+ years on it. He lost motivation after that and coasted the rest of the time doing minimum work. I think FAANG companies have lot of PMs and top management who are as clueless and lazy as engineers.
- lazyasciiart 4y agoah, yes...six years at MSFT, only one year working on code that eventually shipped
- goodpoint 4y agoMSFT is hardly a FAANG
- Der_Einzige 4y agoWhy? Their stock performs just as well, and they pay better than Amazon, better benefits, all with a reputation for legendary good WLB. Amazon is hardly a FAANG
- ruraljuror 4y agoBetter pay? Not for new hires. Most recent reports I have seen (blind, levels.fyi) and my own experiences have shown Amazon skyrocket to the top paying FAANG, with the first two years heavily skewed toward cash and backloading RSUs. I am surprised out of all the FAANGs you picked the generally lowest paying one as the counter example.
- goodpoint 4y agoI always understood FAANGS to be defined by their engineering culture and the innovative approach to problems, not just salary. Hence the selection of companies.
- lazyasciiart 4y agoThe acronym FAANG was made up/popularized by Jim Cramer, a TV finance guy, intended to be "these companies are going to DOMINATE tech with the BIGGEST MARKET CAPS". Today the market caps are (in billions) 479 (Meta), 2719 (Apple), 1450 (Amazon), 300 (Netflix), 1566 (Alphabet) + 2166 (MSFT). Cramer tried to make an updated version happen in 2021: (Meta, Apple, Microsoft, Amazon, Alphabet) because Netflix did not explode and Microsoft did not disappear in the way he had predicted. So yes, IMO Microsoft sits pretty in the no-longer-accurate acronym FAANG.
- wildrhythms 4y agoLet me guess- the management that ultimately nuked the project paraded it around to get promoted before moving to another org and doing the same thing?