It's extremely brutal. I'm a staff engineer and a tech lead of ~12 engineers, I've either been getting low ball offers, or ending the last round of interviews to get no offer. I've employed but have been looking for a job for ~6 months with terrible results. I graduated from a T5 school, have worked at a "unicorn" startup, and have an average of 3 years at every role. My conversion rate is a little better - 3 interviews for every 40-50 apps, but I've gotten 2 offers for 6 months of searching.
My most memorable was this tier 3 hedge fund trying to convince me to take a junior IC role for a new team that had also hired a manager and director from outside the company for a new endeavor/initiative, and the manager had been at his last 3 jobs for roughly over a year each, get out of here lol.
My most memorable was this tier 3 hedge fund trying to convince me to take a junior IC role for a new team that had also hired a manager and director from outside the company for a new endeavor/initiative, and the manager had been at his last 3 jobs for roughly over a year each, get out of here lol.