Re:Meta lays off 11,000 people
by throwaway2037 on Wednesday November 09, 2022 @09:00AM
(#33531694)
I saw a lot of this in 2009 and 2010. Hilariously low offers. CEOs complaining they cannot find enough employees.
The offer may be appropriate for what the value that the developer is expected to bring to the organization.
Not all organizations get lots of value from developers.
It also means they're not losing a lot by not having a developer, so they're perfectly ok with having the position open until someone takes it.
Re:Meta lays off 11,000 people
by ClumsyPilot on Wednesday November 09, 2022 @02:26PM
(#33536623)
If they are offering so little money that noone even applies for a position in a year, then clearly it is not a real job offer.
If I want to hire a top proffeshional for minimum wage, its not a job offer, its just wishfull thinking.
Re:Meta lays off 11,000 people
by SuoDuanDao on Wednesday November 09, 2022 @09:02AM
(#33531713)
In that example, you still want a Toyota though, right? Just because you don't want one all that badly doesn't mean your life wouldn't be better with one.
Tough to say. Do I need a Toyota? no, but I'd happily buy one for $1K.
Demand elasticity makes any report on the volume of demand irrelevant unless it also covers the pricing of that demand.
If i put out a job ad: Need a software develioer with skills in COBOL, latest react and assembly, to lead a team of 10 for $30k
And I cant hire anyone
It will still end up in government statistics for shortage.
This is lile if we all put out ads on Gumtree/craiglist 'will buy a Toyota, brand new, for $1000", and someone counts thise ad and concludes there is a shortage of Toyotas.