It’s important to understand how megacorps hire software engineers. They hire because they have money, not because they need people. They do this because hoardi

It’s important to understand how megacorps hire software engineers. They hire because they have money, not because they need people. They do this because hoarding talent stifles their competitors. If you’re making billions it’s better to pay a talented engineer to do nothing for you, than to let them build value for a competitor. In an economic downturn, every company wants to save money, so they can safely let those people go because every company is doing the same thing. But downturns don’t last forever. When the economy picks up, these companies will start hiring like crazy again. This has happened before and it will happen again.