Is big tech’s red-hot jobs market about to cool?

Re:Is big tech’s red-hot jobs market about to cool? by nus07 on Thursday June 02, 2022 @10:30PM (#31603543)

I disagree. If nerds remain nerds and the focus is on learning and trying out cool stuff then Leetcode would not exist . There would be way more companies coming out to compete or springing up with cool stuff . Apart from TikTok upending Facebook , none of the other big tech firms have any competition and I do not see them having a viable threat in the next 5-6 years . They will buy up any competitors. Anecdotally- I know of two people who quit tenured professor positions in physics and neuroscience to join big tech . The one in neuroscience had recently made a big find and Google Deepmind came and offered an insane amount of money she would never make even if she won the Nobel prize.

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Re:Is big tech’s red-hot jobs market about to cool? by novok on Thursday June 02, 2022 @10:39PM (#31603607)

Leetcode is a counter response to an interview type that existed well before the current tech boom, and the interview type existed as long as google was an ascendant company, since they were the ones that popularized it. Before algorithmic interviews, there were microsoft's lateral thinking interviews that were the bullshit interview type du-jour that everyone complained about.

The money is the relatively recent thing that made people practice for leetcode more that wouldn't necessarily go into software otherwise, but the algorithmic interview was there before tech started paying a lot and became the only growth engine of the american economy that is left.

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Re:Is big tech’s red-hot jobs market about to cool? by uejfiweun on Friday June 03, 2022 @02:27AM (#31604922)

Oh please. The questions asked in modern day interviews are ridiculous. If you don't receive a specific quality and caliber of education, then you will be completely hopeless without Leetcode practice and CTCI. Do you seriously expect people to intuitively discover the Blum-Floyd-Pratt-Rivest-Tarjan algorithm in the space of a 30 min whiteboard interview?

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Re:Is big tech’s red-hot jobs market about to cool? by paulpauper on Thursday June 02, 2022 @10:44PM (#31603642)

Facebook and TikTok are in a very strong position, imho. Netflix is the weakest of the big tech and has the most competitors.

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Re:Is big tech’s red-hot jobs market about to cool? by scarface74 on Friday June 03, 2022 @12:00AM (#31604128)

Despite the FAANG acronym, Netflix was always a nothing burger in terms of BigTech. Even befits the crash they were like #50 in terms of market cap. BigTech should have always been FAAMG. With Microsoft instead of Netflix. Those five ads worth more than a trillion

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Re:Is big tech’s red-hot jobs market about to cool? by msikora on Friday June 03, 2022 @02:04AM (#31604795)

I'm coining GAMMA: Google - Apple - Meta - Microsoft - Amazon

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Re:Is big tech’s red-hot jobs market about to cool? by azemetre on Friday June 03, 2022 @08:13AM (#31607218)

FAANG was never about big tech it was about companies that experienced tremendous stock growth 100-300% in a short time.

Then people co opted the term to mean companies that paid well (wow the company with high stock growth pays more).

In regards to this Netflix was absolutely innovative in regards to engineering. They literally wrote the book on chaos practices. They also pay extremely high base salary ($400-600k).

Microsoft never paid well in regards to its peers.

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Re:Is big tech’s red-hot jobs market about to cool? by scarface74 on Saturday June 04, 2022 @11:43AM (#31621687)

Also remember the original acronym was FANG and left out Apple even though it was growing by leaps and bounds at the time.

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Re:Is big tech’s red-hot jobs market about to cool? by whimsicalism on Friday June 03, 2022 @10:25AM (#31608723)

> Microsoft never paid well in regards to its peers.

Their subsidiary, Linkedin, beats most of Microsoft's peers.

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Re:Is big tech’s red-hot jobs market about to cool? by azemetre on Friday June 03, 2022 @10:40AM (#31608939)

That’s fair, I’ve also heard GitHub also gives higher stock grants than MS.

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Re:Is big tech’s red-hot jobs market about to cool? by neeleshs on Friday June 03, 2022 @12:42AM (#31604375)

MAAMA? (Microsoft, Apple, Amazon, Meta, Alphabet)

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Re:Is big tech’s red-hot jobs market about to cool? by msikora on Friday June 03, 2022 @02:03AM (#31604790)

This is good too, but that MAGMA the other guys suggest makes sense and is a real spelling of a word. I like it!

Also GAMMA could be good: Google - Apple - Meta - Microsoft - Amazon

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Re:Is big tech’s red-hot jobs market about to cool? by alexb_ on Friday June 03, 2022 @01:48AM (#31604693)

I've recently heard the acronym "MAGMA" thrown around.

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Re:Is big tech’s red-hot jobs market about to cool? by imachine1980_ on Thursday June 02, 2022 @11:10PM (#31603806)

I feel Netflix used to look like a tech companies couscous they where the first that use the new medium, and expand to the world market whit easy. But in the long run they aren't, you (regular joe,jhon,juan, karen, maria,Raphaël) don't care whats the tech stack of Netflix and not as much for the ux, you care about content, and now you have all the platform who produce content (hbo, cbs, disney), they want to maximize they profits, and they know how to creates long term fans, sustain numbers of rating, Netflix don't. They focus on license media, and short dopamine hits who work for 5 years, but now nobody care anymore.

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Re:Is big tech’s red-hot jobs market about to cool? by l33t2328 on Thursday June 02, 2022 @11:57PM (#31604111)

> Apart from TikTok upending Facebook , none of the other big tech firms have any competition and I do not see them having a viable threat in the next 5-6 years . They will buy up any competitors

What does that have to do with nerds remaining nerds?

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Re:Is big tech’s red-hot jobs market about to cool? by whimsicalism on Friday June 03, 2022 @09:09AM (#31607708)

It doesn't lol

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