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So I've had 2 hiring managers and several recruiters from Amazon reach out to me about applying for some open positions with the company (android). I completed the coding assessment and now they want me to go through a round of 5 hour interviews next week. Is there a good chance I'll be hired if engineering managers are reaching out to me? I'm really not sure how badly I want to work for them and I don't want to be laid off months after being hired on. Anyone know what Amazon hiring is like?
Soft layoffs at ProServe today ?
Although Amazon has instituted a hiring freeze and layoffs are probably on their way, I went through the loop for a security engineer position at AWS. Before I attended the final interviews, Amazon placed the hiring freeze and called me to ask if I wanted to go ahead or cancel my application. I decided do go ahead Right now I'm waiting for their response and the position I applied to changed from "under consideration" to "no longer under consideration". Thoughts?
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First thing free money does is - throws economics out of the window. We will see lot more consequences of limitless money printing.
Pro
This
Well-off people have more $ to spend after cutting back on vacays / clothes, etc. Interest rates are at record lows.
House prices are bid up. No surprises here.
Chief
Are Fannie/Freddie tightening their qualified mortgage criteria? If not, banks will continue to happily underwrite mortgages and sell them to Fannie/Freddie or secondary markets.
2nd mortgages / Home Equity products are a whole other matter.
MaRkEtS
Chief
Boredom
A friend is a realtor, just had someone go 100k over list price, egos seem to be at play here too
Chief
Interest rates.
Dunno but I just got a great deal on a house because I went under contract before three surrounding homes went under a bidding war each. $375k for me the others went from $475-550k, comparable on structure with a smaller lot
Reminder: free money pulls future demand forward
Yes & No - pulls future demand forward in shirt run but creates artificial demand in longer term.
Pro
I haven’t seen any tighter lending restrictions. They are all trying to get everyone to refinance. So not sure you’re rational there.
If everyone is at home now they want to buy a bigger house and people are leaving cities. Also the supply was already very tight before this. Add in cheap rates and boom demand exposition.
I think working from home also gives freedom to folks to live anywhere so people from Bay Area have been moving to Austin. Similar hot spots hit by high net worth or high earning people have become common. Price wars are on in RE