Title: Some younger companies like Coinbase[2] and Stripe[1] are sharing numbers that they are not hiring much in the Bay Area anymore.<p>I am assuming that many positions that require the candidate to (eventually) relocate to the Bay Area are not getting a lot of traction. A fried of mine refused to interview for position like that despite being very junior! She decided the cost of living is not worth it.<p>What all of this means for the Bay Area talent pool and job market? Talent in the Bay Area are fetching astonishing pay ($600k for L6)[3] which I believe contributed to the out of the ordinary housing market in the Bay Area when you compare it to other cities in CA like San Diego and Los Angeles. I know many older talent have grown roots in the area. They have kids and friends which means they can&#x27;t easily move. What if with this new wave of remote work acceptance, Bay Area pay won&#x27;t match the expenses? Companies can hire everywhere in the U.S. for arguably the same talent quality. Some companies are even expanding to Mexico City[4] and other countries which might put even more pressure on Bay Area salaries.<p>Are we at an end of decades of continues growth and competition in the Bay Area? Will there be big pay adjustments?<p>[1] <a href="https:&#x2F;&#x2F;twitter.com&#x2F;brian_armstrong&#x2F;status&#x2F;1481129589761998857" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;brian_armstrong&#x2F;status&#x2F;14811295897619988...</a><p>[2] <a href="https:&#x2F;&#x2F;twitter.com&#x2F;patrickc&#x2F;status&#x2F;1480647701221896195" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;patrickc&#x2F;status&#x2F;1480647701221896195</a><p>[3] <a href="https:&#x2F;&#x2F;levels.fyi" rel="nofollow">https:&#x2F;&#x2F;levels.fyi</a><p>[4] <a href="https:&#x2F;&#x2F;www.lyft.com&#x2F;careers#openings?location=mexico%2520city%252C%2520mexico" rel="nofollow">https:&#x2F;&#x2F;www.lyft.com&#x2F;careers#openings?location=mexico%2520ci...</a>
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