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I am a very senior PM with two big name tech companies on my resume, and the track record of bringing multiple products from zero to one and creating revenue (and even profit!) from them.
In the old days, I had recruiters in my LinkedIn, I would breeze through the first 30 minute screener calls, and get lots of call backs. My hit rate for job applications for non-FAANG cold applies was fairly high.
Two months ago when I was looking, I was getting basically zero job application responses, half my screeners ghosted me, and I had very few recruiters reaching out. I think maybe 3 in 3 months-ish.
I got very lucky and landed a job, but it was a mild pay cut, and the company is basically on fire
Both them and my previous massively growing employer are not hiring ANYONE, even software engineers, which is the easier role to get picked up for.
My buddy who’s unemployed in PMM, can’t get a call back from anyone. It’s really bad
I did see my former employer was looking for someone in India or Eastern Europe to fill a dev position requiring my exact stack. I do wonder if taking whatever pay cut down to the lower salary they’re presumably offering would have been worth it for both sides.
As it stands, I’m in a mild panic about my future career despite knowing I’m capable. I may end up using my CPA to switch back into accounting for the time being. Or perhaps start up my own thing. Hopefully things get better after a short amount of time.
I've so far only contacted one recruiter I trust, and even he only had one job I could apply to.
BTW, if anyone is looking for a full stack web dev in London (TypeScript, React, Next, Node / Bun / Deno, even a bit of Rust), you can contact me at https://www.lajili.com).
Again, not saying this is the problem you're facing or that every company needs to have long-duration and less-transient staff. This is just one issue I'm seeing and it's possible that it could potentially be a contributing factor.
Employers are swamped right now, there are a lot of people seeking few positions. I've gone from giving personal replies and spending time on most applicants, from spending time sourcing, to just trying to keep up with the inbound applications.
It's obviously a very hard market right now, and I feel for those who are searching in this climate.