This story is changing. There is now an oversaturation of us ex-BigCo people in the market. I quit Google before the layoffs, after being there for 10 years and sick of it. The first year was serious ego boost, having Google on the resume opened doors all over the place. Then my ex-coworkers started getting laid off and things began to shift.
Now I know people I used to work with who have been without work for many months and having a hard time getting interviews.
Granted, I'm not in the Bay Area, so. But the market is saturated.
Its not that the market is saturated, its that a lot of incompetent ex googlers are interviewing now. People usually have a pretty good idea they can't do their job. They find a niche where a manager is not paying attention, or they can obfuscate and take credit for others work, etc. These people don't usually job hop, the interviews are way too hard and then they are very unlikely to find another long term safe niche to hide in. So previously seeing google on a resume correlated highly with strong competence. A lot of people laid off from google are complete incompetents. A lot were hard working geniuses too, but it doesn't take many interviews where a exgoogler is completely useless to spoil the brand.
The reputation for googlers on the market right now is very bad, and it will keep getting worse as the group of ex googlers who are basically unemployable keep interviewing over and over and over.
There's also the "we can only pay a third of what Google paid you..." and given two candidates that interview equally well, one is former Google and appeared to be making $300k and another is from somewhere where they were making $70k before...
I'd argue for the $70k person. They are less likely to have experienced lifestyle inflation and looking at this position as a "slumming it until they can get a job making $300k+ again."
It further complicates the issue that most companies don't have Google scale problems and don't have the engineering culture for a Google scale solution.
There are several factors working against even not incompetent former Google employees - especially if their experience is entirely within Big Tech.
A bit ago a former Tesla person was in the set of interviews and it became clear that they wanted to make the organization that was considering hiring them into a copy of how Tesla works... and that wasn't something that was going to be doable. The post interview discussion was "this person is going to try to make us into a copy of Tesla for six months, and then leave shortly after they realize that we weren't a place that could become another Tesla."
Big Tech experience may be a positive signal for getting hired at other Big Tech companies... but it can be a negative signal at a company that isn't trying hiring for an organization that can't become a Big Tech company - especially if that is the only thing that is known.
Hiring isn't necessarily picking the "best" person for the role, but rather the least risky. Former Big Tech employees are often riskier than other candidates given their lifestyle expectations and the mismatch of the engineering cultures.
Personally when I left Google and interviewed elsewhere I made clear to potential employers two major things:
1. I never expected to be paid "Google level" money again. I was nowhere near high up in the pay tier there, but it was still almost twice what local shops were paying, at times (depending on how RSUs worked out, etc.)
Google can pay what it can because of the ads firehose, and it was actually, more than anything, a strategy used to deprive the competition of talent.
2. I never actually liked the Google internal culture, so although I was there for 10 years I was constantly aware of the things that I didn't like and the things I would not be trying to bring over to future gigs. And I had 10+ years work experience before Google. Which didn't serve me well while I was inside Google, but definitely has afterwards.
> The first year was serious ego boost, having Google on the resume opened doors all over the place.
Before I worked in FAANG, My subjective view of big tech SWEs was they were very skilled, in a different league.
My current view is that it "just" takes very good preparation and a decent resume to get in. And they've hired so many people that it's not so special anymore to be an "ex-Google". There are just a lot of them.
That being said, I think someone who gets hired in such a company, and manage to stay for many years has to be quite productive and competent. Especially if they reached higher levels.
Google is not a "produce a lot of code" place. It's a careful and deliberate and systematic type of place.
One thing I think ex-Google does bring especially to the table is a disdane for over-complicated and overly trend-driven solutions.
For one Google's internal review culture is (or at least was when I was there) very stringent. Pointless complexity and showboating is usually spanked.
For two, because Google basically rolls its own everything in regards to frameworks and the like, developers who come out of there have been mainly cured of "flavour of the month" and "my ego wants us to use this new shiny new-coloured tech".
Now I know people I used to work with who have been without work for many months and having a hard time getting interviews.
Granted, I'm not in the Bay Area, so. But the market is saturated.