I suspect in the US there has been a shock effect of interest rates causing the big source of money for high tech salaries to fall off a cliff. Everywhere else VC is not as much of a big thing. You typically work for a bootstrapped company (all of mine have been, or taken their first investments at the $1bn valuation level) or a large bank or public sector job. These sorts of jobs are not impacted. You need a global crisis type recession like 2001 or 2008 to cause this.
You are slashing $80k. Over here (rest of the world, $80k is the TC typically, and often much less!)
This is going to be bad for SF real estate I suspect. People will leave to adjust to their new salaries.
You are slashing $80k. Over here (rest of the world, $80k is the TC typically, and often much less!)
This is going to be bad for SF real estate I suspect. People will leave to adjust to their new salaries.