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Re:Reddit is hiring. We're looking for 3 rockstar programmers. by VladRussian on Friday February 11, 2011 @01:47PM (#2207623)
you system is perfect to filter in people who don't value their time and ok to work in the company that doesn't respect their applicants (but supposedly starts to respect applicants the second they turn employees - some may believe that too). There is definitely a business sense in hiring such naive gullible people, no questions here.
Re:Reddit is hiring. We're looking for 3 rockstar programmers. by DanI-S on Friday February 11, 2011 @01:56PM (#2207662)
Judging from jedburg's post, I'd argue that it allows them to hire people who would rather spend 3 hours up-front writing some code than spend 3 hours up-front writing a cover letter.

Which is preferable for the programmer, too, since the up-front, likely 'wasted' time is spent doing something enjoyable. The investment in writing a cover letter only comes after.

Re:Reddit is hiring. We're looking for 3 rockstar programmers. by VladRussian on Friday February 11, 2011 @04:25PM (#2208198)
what is the cover letter? :)

You still let the main assumption stand - i.e. looking for and hiring people who is ok with wasting of their productive time.