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I don’t think it’s a bad time. I suspect a lot of the layoffs have more to do with the value brought by particular employees versus their salary. During COVID

I don’t think it’s a bad time. I suspect a lot of the layoffs have more to do with the value brought by particular employees versus their salary. During COVID salaries spiked and big offers were extended to mediocre candidates. The job hoppers who took advantage of an over heated market but ultimately don’t deliver on big expectations are some of the people I see getting laid off. At least anecdotally that’s what it looks like from my LinkedIn feed. I always warn young engineers that a big pay comes with big expectations. It’s more important to set yourself up for a long career than to eek out a few good years and burn out in an environment that’s unhealthy. I’ve seen it happen, even at smaller companies.

moonchrome 4y ago
> It’s more important to set yourself up for a long career than to eek out a few good years and burn out in an environment that’s unhealthy. I’ve seen it happen, even at smaller companies. Depends on the pay gap - I've seen people miss out on 2x because of risk aversion. Realistically if you 2x for a year you can spend the next one doing nothing but looking for the next gig. And the 1/2 gigs will likely be there once you reach a certain skill level and have 2x gig on your resume.
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- davewritescode 4y ago
  That’s not the way it works in my experience. If you have a family health insurance is cost prohibitive if you live in the US. Nobody pays you extra because you worked at Google 10 years ago, the way you get the 2X consulting gigs is making outsized impact and presenting your work. The biggest consultants I know billing $500 an hour have some niche skillset they developed somewhere and are known as experts in their field.
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mcphage 4y ago
> I suspect a lot of the layoffs have more to do with the value brought by particular employees versus their salary. Given the reports of highly effective engineers with 15+ or 20+ years of experience at Google being laid off by surprise... no, I don't think it's an employee value issue.
- saurik 4y ago
  I would imagine people who have been there that long cost quite a lot.

moonchrome 4y ago

> It’s more important to set yourself up for a long career than to eek out a few good years and burn out in an environment that’s unhealthy. I’ve seen it happen, even at smaller companies. Depends on the pay gap - I've seen people miss out on 2x because of risk aversion. Realistically if you 2x for a year you can spend the next one doing nothing but looking for the next gig. And the 1/2 gigs will likely be there once you reach a certain skill level and have 2x gig on your resume.

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davewritescode 4y ago
That’s not the way it works in my experience. If you have a family health insurance is cost prohibitive if you live in the US. Nobody pays you extra because you worked at Google 10 years ago, the way you get the 2X consulting gigs is making outsized impact and presenting your work. The biggest consultants I know billing $500 an hour have some niche skillset they developed somewhere and are known as experts in their field.

deleted 4y ago

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mcphage 4y ago

> I suspect a lot of the layoffs have more to do with the value brought by particular employees versus their salary. Given the reports of highly effective engineers with 15+ or 20+ years of experience at Google being laid off by surprise... no, I don't think it's an employee value issue.

saurik 4y ago
I would imagine people who have been there that long cost quite a lot.