Of course I haven’t sampled every company. Just a very sudden defensive position springing up more and more.
That said, I did have a job offer that was rescinded at the last moment (which is why I'm out of a job, since I quit my previous position – probably not the smartest move but I really hated it there, so...) but that could just be coincidence as well.
At what point in the process was it rescinded? Had you already accepted or even started the process of getting your equipment / Onboarding?
Next Monday: "Oh sorry, no".
But by then I had already quit. As I said, perhaps not the smartest move, but I hated it so much and I feel a lot happier since I quit, so shrug. It's all good; no hard feelings. These things happen.
Also, should be pointed out I didn't reply to a job vacancy, but applied via an "open solicitation" through a connection. So they weren't specifically looking for someone to fill a specific role, and it was more "hey, this looks like a good developer I heard good stories about, so let's talk!"
Even with the above names slowing down hiring, I would guess big tech uses this opportunity to stockpile even more engineers to come out of this stronger. I don't see the competition for engineers that can pass those interviews slowing down.
Startups? Yes, the cohort that raised 20+ million Series As in the last two years and spent lavishly at the height of this bull run will start being much more defensive.
Not that any of that are disconnected from larger economic trends, but they’re also unique to each business’s segment.
The blog entry said they are slowing hiring. While that is a big change from originally wanting to triple the size of the company this year, nothing that I've seen said they froze hiring.
their revenue may just go to other companies (tiktok, google?) which will hire those engineers.
There may be smaller/other companies running to pick up the crème of the crop before the music stops, however.
Would love to see data to the contrary vs. us guessing at this putting a lot of anything on the overall market.