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Re:Ask HN: Laid off folks, are you getting hired? by hikawaii on Thursday February 09, 2023 @03:49PM (#34731211)
Given that the average mid level developer makes a salary and stock grant putting them well into the 1% (in USA) I find it questionable that the majority of people are "just" trying to keep a roof over their heads.
Re:Ask HN: Laid off folks, are you getting hired? by paganel on Thursday February 09, 2023 @04:06PM (#34731463)
Looked to me like the OP was talking more generally, about all people.

And back to developers (I am one, but not living in the US), I don't think most of them own their place of living. I know I don't, so, yes, I have to work in order to have a roof over my head.

Re:Ask HN: Laid off folks, are you getting hired? by ghaff on Thursday February 09, 2023 @05:02PM (#34732238)
Well, there are property taxes, insurance, maintenance, and other things that can add up even if you have a paid-off mortgage on a house.
Re:Ask HN: Laid off folks, are you getting hired? by greedo on Thursday February 09, 2023 @08:34PM (#34734461)
Perhaps your assumption that all "mid level developers" make FAANG income is a bit inaccurate? There are tens of thousands of developers across the US not making big bucks. And to be in the 1%, you need to be making north of $800K. The company I work for employees roughly 100 developers, and not one of them makes more than $150K (we don't award RSUs either).
Re:Ask HN: Laid off folks, are you getting hired? by jokethrowaway on Friday February 10, 2023 @03:30AM (#34737102)
Incorrect, it was 320k$ in 2021

You can filter out by other characteristics here: https://igotstandardsbro.com/

Re:Ask HN: Laid off folks, are you getting hired? by dathanb82 on Friday February 10, 2023 @03:09PM (#34745076)
Just shy of $600K in 2022, based on data from IRS and BLS: https://smartasset.com/data-studies/what-it-takes-to-be-in-t...
Re:Ask HN: Laid off folks, are you getting hired? by moremetadata on Thursday February 09, 2023 @09:20PM (#34734858)
A 1% wage with a 0.1% cost of living is still poor! Its all relative. Stocks dont mean nothing to me. Watch the stock price plummet when founders sell their stock.

There are jobs out there, I've turned down 3 (2xUS, 1xUK/CH) last year I enquired about just to keep in touch with whats on offer and gain insight into projects underway or commencing. Paying 6 figures, US onsite, UK/CH offered remote, working as many hours as I wanted. Turned them down. I think US/Canada remote is rare because of the poor internet infrastructure once you get outside of the cities, Europe has better internet infrastructure so can offer more remote work. Management styles are generally different in the US compared to Europe, with the UK somewhere in between the two regions as usual.

I think people need to understand the different parts of a global economy and realise some sectors some countries wont be or will hardly be affected by the social media downturn especially if they are prepared to work abroad and broaden their horizons.

Plenty of money in China.....

Re:Ask HN: Laid off folks, are you getting hired? by camdenreslink on Thursday February 09, 2023 @10:13PM (#34735176)
The average mid level developer has zero stock grants or equity. Most of the developers I know work for a salary and benefits and that’s it.
Re:Ask HN: Laid off folks, are you getting hired? by masterj on Friday February 10, 2023 @01:55PM (#34744012)
Top 10ish%? Yes. Top 1%? No