In what is interesting, TikTok / ByteDance was on an absolute hiring spree for devs October to January for sure, while most other tech companies took the back seat or did cuts. Here’s data I got my hands on, comparing the number of “software engineer” positions at companies and ByteDance stands out unmissably:
Makes me wonder how they missed the memo that Meta got by October/November, Google and Amazon also by end of year: that the market is slowing.
I assumed Bytedance had just as good - if not better - data on the market than eg Meta, but Meta seems to have responded far far earlier to what looks like a stagnating market for as spend, than TikTok.
https://twitter.com/gergelyorosz/status/1628831860611506178
Makes me wonder how they missed the memo that Meta got by October/November, Google and Amazon also by end of year: that the market is slowing.
I assumed Bytedance had just as good - if not better - data on the market than eg Meta, but Meta seems to have responded far far earlier to what looks like a stagnating market for as spend, than TikTok.