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A comment on Meta to Layoff 10k Employees. Parent comment

Re:Meta to Layoff 10k Employees by awill on Tuesday March 14, 2023 @10:19AM (#35151928)
Where are they going to go?

The market isn't good right now. Not many places that are hiring can give an offer that matches a FAANG

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Re:Meta to Layoff 10k Employees by newaccount2023 on Tuesday March 14, 2023 @11:30AM (#35153102)
right...but what FAANG is still offering megabucks? why would they?

HN seems to think it is the birthright of a good dev to get a $450k salary...just "because"

look at it from the other side of the table...you have 300 great resumes for a position...why do you have to offer a premium salary?

counterpoint: these salaries were a blip and will never return in nominal form (let alone inflation adjusted) for many devs ever again

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Re:Meta to Layoff 10k Employees by awill on Tuesday March 14, 2023 @12:23PM (#35154010)
Right. But the point is, if you're already at a FAANG earning a huge salary, and you don't know if you're going to get laid off, you can either a) wait and hope for the best, or b) leave and get a job at a lower salary.

I think most would choose a).

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Re:Meta to Layoff 10k Employees by vkou on Tuesday March 14, 2023 @02:23PM (#35156165)
> right...but what FAANG is still offering megabucks? why would they?

Everyone who still has a job with them is still getting 'megabucks'.

They, for the most part, aren't hiring, though.

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