From my experience (only one of the FAANGs, so far)... It seems to me that FAANGs are the new banks. Like, today's equivalent of 40 years ago's bank job (cushy, well-paying soul-draining job).
So far I'm done with FAANGs. I can get a nice salary, albeit lower, elsewere and still live comfortably.
FAANGs are just not worth it anymore in my opinion.
It’s not even that “cushy” anymore. There’s still (at Google) free lunch, but the truly critical (and expensive) stuff such as medical insurance has been enshittified considerably to the point where exchange-bought insurance I had as a business owner was better. They do pay well though, that’s true. Ironically they could probably pay less if they weren’t so dead inside.
So far I'm done with FAANGs. I can get a nice salary, albeit lower, elsewere and still live comfortably.
FAANGs are just not worth it anymore in my opinion.