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This. FAANG hires more devs than they need just to keep the rest of FAANG from getting them.

Facebook Amazon Apple N? Google?

Netflix

Thanks!

Netflix. Common abbreviation for big tech companies in Finance.

Finance?? Those companies have little to do with finance--they're tech companies.

I think they are saying it is the term they use within the finance industry for those five companies

Thanks, that's exactly what I was saying.

Maybe they meant that's the term used for those 5 tech companies in the finance industry?

Source?

Stories told to me by ex-FAANG recruiters.