u/VariousRabbit634 wrote (the comment Michael replied to):
I’m wondering if any grads have concerns about recession now? Now that there’s so many layoffs happening, is anyone worried about not getting any good job offers?
u/michaelnovati replied · ★ FEATURED
I'm curious to hear CS students and alumni stance on this from the inside.
I can speak to the broader market and economy. It's quite an interesting time. Salaries and hiring were hot for the past 3 months and things are definitely freezing up right now. Two months ago, Google outreached to bootcamp grads inviting them to interview, getting inundated with thousands of applicants, and now Google is freezing hiring and reshuffling priorities and some people think there will be fewer L3 slots - yet to be determined. The companies that are hiring are aware of the "FAANG-Freeze" and are not negotiating as much and they have more leverage. I'm also seeing some interviews get cancelled or offers being "delayed" out of hesitation, and this can be demoralizing if you are super close to a dream offer and it gets put on ice. So regardless of the result - be ready for a potentially rougher time.
That said, tons of companies are hiring, offers remain strong, and you just have to be more competitive in raw skills and leverage your network to find opportunities. Job hunting is a probability thing. So a way of looking at it is if you have fewer interviews, so you want to invest in your skills to have the highest chance of passing.
Codesmith has a strong network and the way people craft their resumes to showcase experience should help people continue to look better than most bootcamp grads on paper.