News for hackers. Stuff that matters.
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