I suspect that WSJ held back such topics until after the election…
The people I know that lose their job spend at least 1 year looking for a job. Usually at a significantly lower salary. With the current rate of inflation it’s a 1-2 punch that requires a big step down in lifestyle.
I don’t really see these conditions changing until there is a AI bubble pop or something. Facebook is no longer trying to poach FANG general SWE’s so there is no more pricing pressure in the market. Their recruiting departments have gone dark and their staff was eliminated.
I suspect that WSJ held back such topics until after the election…
The people I know that lose their job spend at least 1 year looking for a job. Usually at a significantly lower salary. With the current rate of inflation it’s a 1-2 punch that requires a big step down in lifestyle.
I don’t really see these conditions changing until there is a AI bubble pop or something. Facebook is no longer trying to poach FANG general SWE’s so there is no more pricing pressure in the market. Their recruiting departments have gone dark and their staff was eliminated.