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Comment by going_ham | Hacker News Reader

It seems 2020-2022 was boom for tech industry. Now the rate is going backing to pre-2020 which shows it was already in decline! That is quite surprising.

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Yea, 2018-2020 sees a downward trend in hiring, while the S&P500 was still growing steadily.

Thing is though, HN Hiring posts seem very FAANG and (even more) startup-biased? The S&P500 is more than that.

I would say that FAANG is not part of HN Who is hiring at all.

It seems to be almost 100% small and medium tech startups.

I’ve occasionally seen a “my team at AirBnB is hiring” post but you’re probably right.

AirBnB is not a FAANG. It is medium size.

Okie-doke!

This makes sense though, no? If you want to (consider) work at FAANG, it's not hard to know how to apply, and whether or not the front door is the best approach.

On the other hand, lot's of companies that show up in places like HN you might not even know exist.

True and a lot fewer remote worldwide jobs than when it's pre-pandemic. Remote (US) -demic is spreading pretty fast. I guess startups don't have resource to use those expensive EoR service.

I disagree. I am one who looked for worldwide remote during the last 3 years. A LOT of those positions listed only as “remote” on “Who is hiring” were actually “remote (us)”. Posters just assumed that candidates were Americans.

I think now they learned to specify in the job post that what they meannis actually “remote (us)”. Which is great, saves everyone’s time.

Your point is also true. Though I still insist in pre-pandemic, most of US companies who hire remote hired a lots of non-american. Now americans are very good at remote working, they just choose american which is kinda good decision.

(I'm outside of the US)

Judging by this chart 2015-2020 and 2020-2022 were both booms. We are now at 2015 and 2020 levels and might go lower.

Interest rates were on the rise in 2019. Venture-backed enterprises are very sensitive to the cost of money.

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