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A comment on What’s going on with Google and Facebook hiring freezes?. Parent comment

Re:What’s going on with Google and Facebook hiring freezes? by ljw1001 on Tuesday August 02, 2022 @04:12PM (#32323703)
> Once Google and Facebook started growing it's clear they realized that every talented engineer on the market is a potential threat.

You could count on one hand the number of startups that are serious threats to either. And when one arises, they can pretty much just buy the company, as Facebook has done repeatedly. They hardly need to be concerned with individual engineers, and even if they were, the idea that they could hire them all is pretty far-fetched

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Re:What’s going on with Google and Facebook hiring freezes? by doteseth on Wednesday August 03, 2022 @02:31AM (#32328323)
You don't have to hire all of them, You just have to raise the market rate and raise everyone's expectations. That's all. The more money you got, the more you can manipulate the market.

Its the inefficiencies of the first price auction.

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