4 ms·
Some key bits of advice I found useful. If you were in the job market in 2008-9 or 2001-3 you may view this article as very pessimistic. I don't think it is. "
by skmurphy 4y ago
Some key bits of advice I found useful. If you were in the job market in 2008-9 or 2001-3 you may view this article as very pessimistic. I don't think it is.
"If any given role can prioritize profit, pace, learning, prestige or people, then this is a good time to be focused on working with good people in a role where you’re learning. There’s a lot to learn right now as many companies are abruptly shifting from long-term growth-oriented goals to short-term, profitability orientation" See https://lethain.com/forty-year-career/ https://lethain.com/forty-year-career/ for more."
"it’s a tricky time to chase prestige as many companies that were prestigious a year ago like Netflix are in an awkward place or going through a hiring freeze like Meta. Although FAANG will remain prestigious, the most prestigious companies of 2025 are far less obvious than they were twelve months ago" See https://www.theverge.com/2022/5/18/23125571/meta-hiring-freeze-commerce-messenger-kids-facebook-gaming https://www.theverge.com/2022/5/18/23125571/meta-hiring-free...
Related
https://www.bizjournals.com/sanjose/news/2022/07/19/apple-slow-hiring.html https://www.bizjournals.com/sanjose/news/2022/07/19/apple-sl...
https://www.bizjournals.com/sanjose/news/2022/09/21/heres-how-meta-google-are-shrinking-workforces.html https://www.bizjournals.com/sanjose/news/2022/09/21/heres-ho...
- cratermoon 4y ago> many companies are abruptly shifting from long-term growth-oriented goals to short-term, profitability orientation Pull the other leg. Companies haven't care about anything but the next quarter's results since the 80s.
- throwawaysleep 4y agoBut what is important in the next quarter's results has shifted. A company that might have prioritized reporting strong user acquisition might now prioritize cash.
- rco8786 4y agoThis treats it as too binary IMO. Maybe the 80s marked a shift where companies started caring more about next Q than they did in the decades prior - but there is still plenty of long term execution happening at larger companies that can be reined in for more short term focus.