2.5.24 - Dave's Weekly Software Engineering Job Ad Count
39,801 new SDE job ads as of Monday this week. This is an increase of 33% over the prior week’s count, and 65% above the rolling 6-wk avg (!). Further, there were 3,262 new Product Mgr job ads, an increase of 13% v. the prior week, and 17% above the rolling 6-wk avg; Program Mgr job ads were up by 54% v. the prior week (!), and 24% higher than the rolling 6-wk avg.
I’m going to go out on a limb and say this is a breakout week for tech hiring in the U.S. But let’s be clear, while we’ve seen layoffs decline, we’re still seeing some tech firms getting rid of staff (but don't they seem like older tech firms?). And, there are a lot of people who were laid-off and have not yet found their next role. We’re not out of the woods yet, but we’re no longer going up the steep part of the trail.
MAAMA Co’s
For the last seven days, the MAAMA companies show the following counts for SDE job ads:
• Apple: 0
• Google: 142
• Microsoft: 274
• Amazon/AWS: 468
• Meta: 2
• Total: 886
The total is within the high to low bands for this group of companies. Too, these numbers indicate that while the leaders are hiring (Amazon/AWS and Microsoft), there are others that are being cautious about their future staff spend (Apple, Meta, Google).
On-site/hybrid/remote trends for SDE ads this week:
• On-site: 23,812 (60%)
• Hybrid: 8,944 (22%)
• Remote: 7,277 (18%)
Note that these percentage breakdowns have been fairly consistent this quarter, and roughly at the percentages for this week. There are a lot of hot takes about whether we’ll go back to the office or if we’ll go remote, and given the consistency of these role openings, it looks like we’ll have our choice of whatever works best for us for a while. However, as we move forward this year, we’ll likely be hearing more about downtown core real estate shakeups in major tech centers in the U.S. (SFO, NYC, SEA, CHI, etc), which will indicate challenging times for commercial real estate firms. This will likely see office lease rates shifting, too. My hunch is that if leasing rates go up, more early-stage startups (Seed to C Round) will go fully remote, at least until they reach profitability.
Companies looking for Software Engineering talent:
Pilot.com, First Bite, Arch (co-founder post), Playbit, dataplor, Owner.com, AI Fund, Cambio, Deepgram, Noteefy 🔔, TradeZero (SVP post), Discord, Indagare, WorkUp Health (CEO & Founder post), Hungryroot, Postscript, Runway, Amperity, Gynger, Aha!, Vidrovr, LicenseLead (CEO & Co-founder post), PBS, Spresso.AI, Dropbox, Empower, Secta Labs (Founder post), Melodi
Does it seem to you that we're seeing more founder and exec-posted roles of late? Hmmm...
#economy #jobhunting #sdejobs #aijobs #sde #sdet #sre #devops #dataops #mlops #recruiting #layoffs #techrecruiting #startups #hiring