These no hope listings probably inflated numbers a fair bit.
It's all about marketing for crypto companies that have tokens on exchanges. Their goal is to raise the token price so they can dump on retail. Having many active job postings show that they're active in development and they have plenty of money to keep the project going. If they don't have any job postings, it can be interpreted that they've already rug pulled.
It's all part of how they fool the gullible.
There are literally analytics companies that use job postings as a data point for crypto companies to see if they're active or rug pulled.
Keeping job postings up is free.
Source: Worked in and consulted for a few crypto companies years ago and analyzed many crypto scams.
A very large % of jobs are for crypto (ok "fintech" but look closely it's crypto) in March 2023. I wonder how these companies are still going, or maybe the listings just haven't been taken down yet.
I’m fairly certain that there were quite a few job postings that were one of the following:
- one of several for the same position, framed in different ways (as parent reply suggested)
- fishing for a unicorn candidate who undervalued themselves
- absolute fantasy… no one who was qualified for the job would take it with that company for what they were offering
I think that some of this may have been used as an illusion to project growth where there was none.
1. Increased funds available to VC due to low interest rates and hot tech companies.
2. Many tech companies having a pandemic-fueled field day.
3. VCs pushing startups to hire aggressively to meet current demand (smart) and prepare themselves for the remote work, tech revolution paradigm shift (smart in moderation, less smart when leaned into too aggressively).
This is what we call the 'I can't find any qualified domestic candidates, so I need to sponsor an immigrant' hiring strategy.
Can you show the analysis for this claim?
2. Interact with said people.
3. Occasionally look at job postings to see what’s up.
4. Draw conclusions, usually via some sort of triangulation (i.e., not just using one source).
That’s the process.
Other than that, it’s anecdotal with many, many data points, and it’s completely not scientific (nor was it claimed to be).
Feel free to believe me or not — I am just an observer and a peripheral participant in the performance art that is the tech world.
If you're looking for jobs on Indeed I'm confused as to what you're doing. I found nothing useful there when looking in February, meanwhile LinkedIn was incredibly useful.
Did about 15 interviews and accepted an offer. No issues.
Indeed never had a single attractive company to apply to in that time: It was all consulting.
Although my situation might be a hit niche for this board, since I'm in a small area and I'm not interested in remote work for mental health reasons. But odd that a geography change causes such a complete reversal of which site is better. LinkedIn is still worth it for the professional network features, but honestly I kinda would prefer the Craigslist interface since that is actually searchable.
(no affiliation, they just were surprisingly helpful... I still don't know why, my situation at the time did not make me an amazing candidate or anything)
It paid for this ad and others you may have spread around recalling the situation.
I’ve been told that many of these applicants are people applying to jobs they have no hopes of getting interviewed for. In many states you must prove you are actively looking for a job to collect unemployment benefits.
Are there any other job boards that are actually authentic?
Never got hired through Indeed but they have a few jobs that aren't on LinkedIn.
Also, is it me not knowing to use Indeed or does their interface not support the most basic thing? EU-wide search. With LinkedIn I type "European Union" in the location box, shows me all EU. Indeed, I have to select every individual country, it's much more limiting and I'm getting bored fast.
Sure, I can select "United States" but dudes, having EU countries listed individually with no option of doing a whole area search is like having to manually search "Arkansas" or "Oklahoma" jobs in the US, it's retarded and myopic to say the least.
- Hired (1 lead, did match my profile but not what I wanted to do);
- HiredSweet (0 leads);
- WellFound (a few interesting leads);
- Hacker News Who's Hiring (a few interesting leads);
- Hacker News Who Wants to be Hired (a few interesting leads);
- LinkedIn applying (a few interesting leads);
- LinkedIn messaged (dozens of leads);
- Reddit /r/rust (a few interesting leads).
I am hiring at an early stage startup myself. There is absolutely no way we’d extend offers for all of the roles we have open if a candidate arrived for all of them next week. Growing that much so quickly would be a disastrous onboarding experience for most of the new hires and potentially risk our ability to build a consistent culture with the team. So we’ll hire whichever candidate(s) successfully complete the process first and then pause the other roles until we’re ready to onboard more people. Then there’s also the reality at this stage you need people who can wear multiple hats. And there’s a bunch of roles where your ideal candidate doesn’t have a neat pre-established label. So sometimes we’ll post the exact same role with different titles to try and make sure it gets the attention of someone who most strongly aligns with one of those job titles.
At a previous place we worked remotely, and so the same job would be posted as both remote and then also as a dozen different specific city locations too. But if we were hiring multiple of any roles you wouldn’t multiply that, you’d just post the one listing(s) and keep it open until all the positions were filled.
A jobs page is a marketing artefact for potential hires, it’s not a financial reporting/forecasting tool.
TLDR: don’t make any assumptions from a job board about how many roles a company is realistically hiring for.
People filming themselves eating free snacks and doing yoga and whatever else other than working.
So you're right, but it matches enough things that I wouldn't dismiss it.