Wow. You want sympathy for people who've been earning $400k for years and now have to come back to Earth? My heart bleeds for him.

> You want sympathy for people who've been earning $400k for years and now have to come back to Earth?

I don't notice any request for sympathy in the GP comment.

I don't think these people need either sympathy or pity. They will do fine. They're all smart. Most are also hard workers. People like that don't struggle for long.

No, but if it keeps a roof over your head, that's all that matters in the immediate aftermath.

Roof over your head. Seriously? In Europe if keep it modest you can keep a roof over your head by working in supermarket. I don't think this should be your aim honestly.

Depends where in Europe you live, though. And in recent years, even that is not enough for most countries with a strong Tourists sector, as rent goes up year on year (they increase rent during summer then lower it, but it's still higher than before). That's been going on for at least 15 years in some regions of Croatia. Not to mention everything (except salaries, od course) is being rounded up to Euros, so that's additionallt going to affect Croats.

More like 1/5th in central europe.

Yeah, $140k is like VP money in Europe...

and in Japan.

14 million yen per year is pretty standard engineer money in Japan for the most prestigious jobs anyway

Of course, that's like $100k or less with current exchange rates, haha

Europe is big. That statement is only valid for some European countries.

Oh, so he is fine, I don’t see the issue

>where a move from FAANG to any other company

Is this ignoring finance, promotions, or (until recent layoffs) private/public big tech/unicorn-like companies?

Like, even within FAANG the pay bands are huge for the same level.

Yeah, but that's still in the USA. The poster is talking about a totally different type of switch.

As an aside, you're talking about switching from a company that supposedly makes revenue selling ads but really is inflated with free money to one that makes revenue from selling hammers. People who made this switch before the free money are going to be fine. Now that 11,000+ people are going to try to make this switch, they're going to wish they had.

The other thing that happens with this is your job becomes much more practical and less oriented to whatever fads are sweeping SV and HN. Some like it, some don't.

High frequency trading pays better than FAANG if you got the right skills and can cope with the work environment (which is not as bad as it used to be from what I hear).