FAANG loses edge in high-paid tech jobs

The dominance of FAANG ( Facebook, Amazon, Apple, Netflix and Google) in the technology job market is weakening, as compensation data from Levels.fyi shows that the highest-paid software engineering roles in India are increasingly being offered by AI startups, global capability centres and non-tech enterprises rather than Big Tech firms.

Levels.fyi data indicates that none of the FAANG companies feature among the top ten employers offering the highest software engineering compensation in either the US or India.