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Re:Twitter Will Allow Employees to Work at Home Forever by hintymad on Tuesday May 12, 2020 @08:59PM (#23162173)
Maybe it's the other way around: due to increased supply, total package of FAANG engineers will drop. That's not necessarily a bad thing though. We've been enjoying unprecedented packages for many years. It may be a good time to distribute some of the wealth to other parts of the country.
Re:Twitter Will Allow Employees to Work at Home Forever by schkkd on Wednesday May 13, 2020 @03:59AM (#23164583)
There's no wealth there. All Google employees get something like 25 billions a year. The US budget is measured in trillions and to cover up just this recession alone, Fed created 6 trillions, or 240 years worth of wages for those employees. Do I need to say that in ten years there will be another recession, where Fed will create 20 trillions?
Re:Twitter Will Allow Employees to Work at Home Forever by austinheap on Wednesday May 13, 2020 @03:37AM (#23164455)
FAANG total comp -- today -- is at a record high and well outpacing every other vertical.