When can we expect the market to be up and we get the calls for hiring? Currently, hardly any interview calls are approached.
End of feb2025
Oh, that's so long. I just want to understand how does this work. Do you know how the market will fluctuates?
Yes, market(US) started going down in dec2022-jan2023.
This is the time when lot of layoffs happened at Amazon, meta, Salesforce, Microsoft, etc.
The reason is simple, intrest rates for loans in US is not getting reduced to control inflation by FED. Hence there is less cashflow in US market, which leads to less revenue growth and less spending. To keep up with revenue growth, US companies started to do cost cutting (layoffs, hiring freeze, removing benifits, etc).
It is expected, FED will reduce the interest rates by NoV this year, which can be reflected in better hiring by Feb next year.
Yes, market(US) started going down in dec2022-jan2023.
This is the time when lot of layoffs happened at Amazon, meta, Salesforce, Microsoft, etc.
The reason is simple, intrest rates for loans in US is not getting reduced to control inflation by FED. Hence there is less cashflow in US market, which leads to less revenue growth and less spending. To keep up with revenue growth, US companies started to do cost cutting (layoffs, hiring freeze, removing benifits, etc).
It is expected, FED will reduce the interest rates by NoV this year, which can be reflected in better hiring by Feb next year.
Has anyone interviewed with Jar recently? The company has been hiring for the SPM role for the last 6 months (afaik). Are they not able to hire one or are they hiring more than one person for the same position?
Are companies hiring again in normal ways giving those buffed up packages as they were in the WFH days? Can someone who might have recently interviewed shed some light or someone who is tracking this?
Hi folks, I have been working as a Data engineer for 1 year and 3 months and looking for new opportunity since last 2 months still have not scheduled a single interview or call back , for most of the opportunities they are either asking ...
