New top story on Hacker News: Ask HN: What Recession?

Ask HN: What Recession?
34 by danwee | 44 comments on Hacker News.
So, I'm reading a lot these days about lay-offs in tech companies and how many HN users (mainly from US?) are having a hard time finding top-level paying jobs. I work on Western Europe, and in theory we should be more screwed up than other Western countries... but: - Just landed (3 months ago) on a job that pays me 20% more than the previous one. I could have switched jobs years before, but I just got the courage to do it now - Keep seeing the same amount of job offers on Linkedin. Now, I have the tendency to keep a list of companies that hire on an Excel file, so I can come back to it later and compare past and current situations of such companies. I have over 200 companies that operate in Western Europe (but not exclusively) that I consider "top-level" (at least from my point of view). The effect of the recession? Well, it has had one, but somehow very poor: many companies went from having around 1000 job offers open in linkedin on a weekly basis to having now around a third of that. Sure, they are not hiring like crazy anymore, but they are still hiring! - A company that announced a 14% lay-off back in May, is now hiring again (the same pattern as before: when they were offering thousands of jobs before, now they are offering a few hundred) Now, I have no idea how FAANG is doing in Western Europe (I never cared to track them) because I have no plans to work for them. But all the other non-FAANG companies over here are hiring. So, I don't feel the recession (yet). Touching wood.