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Re:Google Announces 12K Layoffs: A difficult decision to set... by kyrra on Friday January 20, 2023 @09:57AM (#34453943)
It's worth stating that Google has been hiring like crazy for years. In their Q3 earnings[0], their year-over-year number of employees increased by 36,751.

[0] https://www.sec.gov/Archives/edgar/data/1652044/000165204422...

Re:Google Announces 12K Layoffs: A difficult decision to set... by Aperocky on Friday January 20, 2023 @10:25AM (#34454330)
Back when I was in school Google was the company that had an aura where it's reserved for geniuses and next to impossible to get into.

That was a number of years ago, I can't help but notice this perception changed among the people I know. I don't think it was entirely because I graduated and start having experience (disclaimer: did not work for Google).

Re:Google Announces 12K Layoffs: A difficult decision to set... by typon on Friday January 20, 2023 @10:44AM (#34454595)
This perception changed 5-7 years ago. I actually can't think of a single software company that induces the same level of awe in university students anymore. Places like Jane Street do but they aren't really Silicon Valley tech companies.
Re:Google Announces 12K Layoffs: A difficult decision to set... by ironrabbit on Friday January 20, 2023 @11:08AM (#34455029)
Openai is probably the highest status employer among my network, but I don't know any university students
Re:Google Announces 12K Layoffs: A difficult decision to set... by typon on Friday January 20, 2023 @12:31PM (#34456515)
Deepmind is high status as well. However with both these companies - they are looking for experienced researchers usually rather than new grads. Google was famous for hiring bright eyed young geniuses and building their careers.
Re:Google Announces 12K Layoffs: A difficult decision to set... by irrational on Friday January 20, 2023 @11:01AM (#34454885)
I've never heard of Jane Street before. It's kind of hard to have awe of a place you've never heard of. How did you hear of Jane Street?
Re:Google Announces 12K Layoffs: A difficult decision to set... by ilikerashers on Friday January 20, 2023 @11:49AM (#34455835)
Most recently due to FTX leadership being Jane Street alumni but they get mentioned a lot here due to OCaml.
Re:Google Announces 12K Layoffs: A difficult decision to set... by yodsanklai on Friday January 20, 2023 @11:49AM (#34455839)
They used to be quite a niche trading company, known in the functional language community for their use of OCaml. But they grew to one of the highest paying company in the world.
Re:Google Announces 12K Layoffs: A difficult decision to set... by rongenre on Friday January 20, 2023 @11:52AM (#34455881)
They've been on radar forever, but I used to work in finance and like Ocaml.
Re:Google Announces 12K Layoffs: A difficult decision to set... by csmiller on Friday January 20, 2023 @12:14PM (#34456288)
This profile in the times caught my interest

https://www.nytimes.com/2016/02/23/business/dealbook/a-new-b...

Re:Google Announces 12K Layoffs: A difficult decision to set... by algog on Friday January 20, 2023 @12:23PM (#34456406)
Jane Street is huge in HFT space. SBF started at Jane Street.
Re:Google Announces 12K Layoffs: A difficult decision to set... by 22SAS on Friday January 20, 2023 @03:31PM (#34459445)
I work in the HFT space. Jane Street in not an HFT, they are not trading in a very latency sensitive asset class.
Re:Google Announces 12K Layoffs: A difficult decision to set... by neilv on Friday January 20, 2023 @01:13PM (#34457211)
Jane Street did outreaches at MIT (dunno which other schools), wrote blog-like things, used an exotic language, paid a lot of money (word gets around), etc.
Re:Google Announces 12K Layoffs: A difficult decision to set... by donkeyd on Friday January 20, 2023 @11:48AM (#34455798)
The Internship is now almost 10 years old. I almost wonder whether that had anything to do with it.
Re:Google Announces 12K Layoffs: A difficult decision to set... by oh_sigh on Friday January 20, 2023 @11:56AM (#34455968)
It's probably just size. People might believe a company of 20,000 is filled with geniuses, but it's hard to imagine a company of 200,000 filled the same way
Re:Google Announces 12K Layoffs: A difficult decision to set... by georgeecollins on Friday January 20, 2023 @11:58AM (#34456006)
I'm sure there were tons of great engineers at Google, and they probably were incredibly picky with college grads. But I also saw them hire people I had worked with that were experienced but not amazing performers. There are people who have good resumes in that they went to a good school and somewhere along the line worked at a well regarded company. The funny thing is that people like that are typically well regarded their entire career even if they just bounce around. The pedigree doesn't go away. It's hard to evaluate people.
Re:Google Announces 12K Layoffs: A difficult decision to set... by scottyah on Friday January 20, 2023 @03:29PM (#34459399)
"A players hire A players; B players hire C players; and C players hire D players. It doesn't take long to get to Z players."
Re:Google Announces 12K Layoffs: A difficult decision to set... by chihuahua on Friday January 20, 2023 @05:04PM (#34460670)
I could tell their hiring standards are much lower when I finally passed the interview bar last year. But then, hiring freeze, and now layoffs.