They're almost all cargo culting the same whiteboard algorithm hiring criteria for otherwise humdrum jobs so yeah, they're all kind of unreasonable. An HR fad can cause structural employment just as easily as bona fide requirements not being met.
They are cargo cutting, I was about to make the same point. I am more likely to get a leetcode quiz from a small company trying to emulate a FAANG company than I am from an interview with an actual FAANG company. Leetcode is part a costly signal given the study that has to be put into it, and part IQ test. I think part of the proliferation of leetcode is due to the illegality (edit: in effect even though not explicitly) of using IQ tests. But if someone could have a certified IQ test they could reuse that one test result for the entire job market improving liquidity. It would be no worse than leetcode as the IQ part of leetcode is in effect already an inefficient and arduous IQ test that people have to take repeatedly. The costly signal was supposed to be university but the academies have sold out their responsibilities. I think the effort to democratize university education, instead of lifting people up, has instead dragged universities down. The reason I think the solution is difficult is that we have to chose between a more fair world where just about anyone can get a degree and IQ tests are illegal but we have to keep taking these leetcode tests. Or a less fair world where an IQ test / SAT score and a university certificate is sufficient.
It is not illegal to give candidates IQ tests. There are huge firms that do so openly. The practice isn't widespread because it doesn't work well, not because it's proscribed.
The latest fad appears to be forcing all candidates to be vetted by an external recruiter, even if they are already known to people inside the company. Apparently, this is for reasons of "fairness", but it's yet another segment of an increasingly long pipeline full of holes that drop out candidates somewhat randomly rather than based on the actual required attributes to perform the job effectively. The HR filter was already bad enough but now having a recruiter filter before the HR filter just means even more random rejections of candidates who could have filled the role successfully.
Look at the recent crypto bubble that popped. I'd point to the current potential hype cycle although that's contentious here. For the crypto fad, there was no demonstrated profit beyond speculation, yet lot's of money was poured into it. I have no explanation that can be explained by so-called market mechanisms, it's just chasing hype.
I've gone through a lot of job seeking in the last year (two companies in a row I've worked for have closed). Didn't have a single leetcode challenge. And I'm looking for us companies who hire remotely from other countries but pay at the us level, so it's supposedly about the hardest difficulty setting possible.
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