> "We’ve seen that most engineers only have the stomach for a limited number of interviews. Investing time in the wrong companies carries a high opportunity cost."
I suspect in addition to not having the "stomach" for an unlimited number of interviews, they don't have the vacation days to burn for them. Let's say you are working already and have 10 days a year vacation (pretty standard). With these ridiculous all-day interviews, you have the ability to waste that vacation on a maximum of 10 companies, and that's if you choose not to take any "real" vacation at all during the year.
In an environment like today, where every company is ostensibly hiring yet overly picky, a job candidate potentially will waste their entire PTO balance on interviewing with companies serious about interviewing but not serious about hiring.
I suspect in addition to not having the "stomach" for an unlimited number of interviews, they don't have the vacation days to burn for them. Let's say you are working already and have 10 days a year vacation (pretty standard). With these ridiculous all-day interviews, you have the ability to waste that vacation on a maximum of 10 companies, and that's if you choose not to take any "real" vacation at all during the year.
In an environment like today, where every company is ostensibly hiring yet overly picky, a job candidate potentially will waste their entire PTO balance on interviewing with companies serious about interviewing but not serious about hiring.