I’ve been job hunting and I was going to get interviewed on Friday for a SWE role at a small startup and today I received an email from the PM canceling the interview and letting me know the company has decided to stop the recruitment process for all roles due to the markets situation. She also attached a tweet about a YC email to all their founders, here’s the link: https://twitter.com/refsrc/status/1527238287471292417
. I checked the company webpage and in fact they have closed all the open positions, there were like 6.
From all the rejections I’ve got so far this is the first time the reason is markets turmoil / recession threat. To be honest is my first time job hunting since I graduated in 2019.
Screen shots: https://t.co/wSx5IR44nK
Will be this the situation for most tech companies or just start ups? I know the unprofitable over valuated ones will most likely get rekt first but I wanna know if during recessions recruiting slows down even for big profitable companies.
What companies or roles will be more resilient?
And how as a SWE / tech industry professional, specially the ones starting their careers like me, can prepare?
I hope some experienced people in the industry can give some hope and advice. Is demoralizing to find out I spent 4 years in school just to get into a really harsh job market. First pandemic, then recession? F...