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Personally, being laid off sounds pretty good right about now. Paid vacation before going back into a hot job market for a full remote job.
by jejeyyy77 4y ago
Personally, being laid off sounds pretty good right about now. Paid vacation before going back into a hot job market for a full remote job.
- tempsy 4y agoDepends what your salary expectations are, I guess. Finding a role with the same compensation as a Meta/Google is more difficult than finding one of many dozens of companies that will pay you low six figures and some questionable equity package.
- jejeyyy77 4y agoTrue, prob won't be comparable to a really good equity package from Meta/Google. But seeing a lot of $200K+ cash comp for full remote companies.
- moonshinefe 4y agoAny recommendations for sites/services to look at job openings that aren't obvious? Or are you seeing these through your network or something?
- assttoasstmgr 4y ago
- pb7 4y agoSo you agree it's a downgrade in quality of life? Not sure what the point of this comment is other than being rude to people earning more than you.
- rjh29 4y agoAdjusting to drinking your own coffee rather than ordering Starbucks via uber 3 times a day is an easier adjustment from going to affording food to not affording it all. Didn't think it needed to be spelled out but there you go.
- pb7 4y agoNo one said otherwise, this is just a strawman. You don't have to be a dick just because something bad happens to someone doing better than you. Didn't think it needed to be spelled out but there you go.
- mmmpop 4y ago
- throwaway22r 4y ago> some questionable equity package one might argue it's a good time to gamble on a startup. I'm recently spared from a massive layoff, but it wouldn't have been bad if I was part of that. The severance was 4 month pay plus accelerated vesting (for that 4 months) I paid off my house thanks to the hot stock market in past 2 years (no one's saying it out loud, but pendamic has been a boom for IT workers), and have some cash cushion to maintain the lifestyle anywhere between 2 yrs to 5 yrs (depending on how frugal I choose to be) So a 200 base and questionable (but high reward) equity in a startup working on things I'm interested in after a 4 month paid vacation? Doesnt sound too bad.
- jollyllama 4y agoIt's cooling off. Zombie companies are going to have trouble continuing as rates rise.
- jejeyyy77 4y agopeople have been saying this for 2 decades. I'll believe it when I see it.
- wollsmoth 4y agorates haven't been rising for two decades.
- jejeyyy77 4y agothere's been a new reason for why "this time is different" for the past 2 decades.
- wollsmoth 4y agoI mean a number of tech companies are declining in value. What would you need to see happen to consider them "in trouble"? More layoffs?
- Apocryphon 4y agoThe boom of the past two decades was fueled by low interest rates!
- jejeyyy77 4y agoand before that it was the other thing. As I said, I'll believe it when I see it ;)
- Apocryphon 4y agoYou're about to. https://news.ycombinator.com/item?id=32928803 https://news.ycombinator.com/item?id=32928803
- paganel 4y ago> hot job market for a full remote job. I honestly don't think there are that many remote jobs available that pay at the FAANG level, outside of FAANG companies, that is. Unless one goes into consulting, which comes with its own risks even during a non-turbulent and recession-proof market, which most definitely we don't have right now.
- subsubzero 4y agoJob market is on ice now, I used to get dozens of emails from recruiters every week, its trickled down to 1-2 now, which is nice as I am not looking to leave my company but its a stark contrast from 3+ months ago. And its a clear sign that companies are not hiring like they used to.
- boringg 4y agoWhat job market are you looking at? The small shops with help wanted? I don't know any tech companies on major hiring and not many small companies have had any big rounds to raise and grow on AFAIK...
- jejeyyy77 4y agoyou don't know any tech companies hiring?
- karmasimida 4y ago> hot job market You'd be surprised :). Even Amazon isn't eating up engineers like it was a year ago. No, there is no hot job market, unless you want to take 30-40% pay cut.
- retinaros 4y agoamazon is still massively hiring because they already pip people and they have a 4year cliff where people leave willingly cauz they make less. also frugality is already looped in amazon values so they wont overhire like google or meta
- karmasimida 4y agoAt least retail/Alexa is on some sort of hiring freeze as I heard. Problem is the same, lot of businesses get cut or deprioritized
- KerrAvon 4y agoAmazon will have to keep hiring ravenously or they will run out of people to feed to the stack ranking fire.
- jzb 4y agoThe job market seems to have cooled substantially from where I'm looking. I have friends at a lot of different major tech companies and hiring has slowed or stopped in all cases. Earlier this year it was full steam ahead hiring, now it's harder to get reqs, reqs are being pulled, etc. Now, if you have really in-demand skills / experience that may not matter much. But companies are slamming on the breaks. If I was laid off tomorrow I'd expect it to take twice as long to find a job as it would've at the end of 2021 or early this year. Not "there aren't any jobs" but I wouldn't consider this a "hot" market for the majority of roles.
- marktangotango 4y agoI think the parent was posting ironically or forgot to add the \s? Otherwise, yeah, folks need to hang on to those '21/'22 salaries if they can. We may not see those again for some time.
- iepathos 4y agoYeah, it definitely depends on what your occupation is. If you're a software engineer it's still crazy hot right now.
- selfmodruntime 4y agoNo idea what you‘re on about. I‘ve just been let go from a large fortune 100 company (contract expired) and its been tough so far.