My brother moved from FAANG to Atlanta to work for Home Depot. His comp went down from 400k to 140k. Which is still great for Atlanta, but there is no situation where a move from FAANG to any other company comes without wage deflation
Of course, that's like $100k or less with current exchange rates, haha
As an aside, you're talking about switching from a company that supposedly makes revenue selling ads but really is inflated with free money to one that makes revenue from selling hammers. People who made this switch before the free money are going to be fine. Now that 11,000+ people are going to try to make this switch, they're going to wish they had.
The other thing that happens with this is your job becomes much more practical and less oriented to whatever fads are sweeping SV and HN. Some like it, some don't.
Is this ignoring finance, promotions, or (until recent layoffs) private/public big tech/unicorn-like companies?
Like, even within FAANG the pay bands are huge for the same level.
I don't notice any request for sympathy in the GP comment.