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> They know they can easily get work elsewhere and don't want to deal with the post-layoff chaos or job uncertainty. If your current employer is the only one d
by michaelt 4y ago
> They know they can easily get work elsewhere and don't want to deal with the post-layoff chaos or job uncertainty.
If your current employer is the only one doing layoffs, sure.
But would you feel more secure leaving Facebook to join Netflix or Twitter or Amazon or Uber right now?
- clnq 4y agoNo, but those are not the only companies top talent is going to. I can see at least three streams of "top talent migration" after a layoff in my tech company that happened a few years back - other big tech (Fortune 500 and similar companies), start-ups (including own), outside of big tech (gaming, space, medical, civil infrastructure, etc). A lot of companies are hiring aggressively and don't plan on layoffs. From my anecdotal experience, the FAANG layoffs are a bit of a joke in some CEO circles. A lot of tech does not agree with what FAANG is doing.