I'm at a large tech company. We are hiring, and I feel the bar is much higher this year. From my perspective, it feels like a lot of really well qualified people are applying, and that has made the interview panels more picky and slow. I feel that in the past we were very quick to decide and extend offers to people who are likely to do well in the role. But that urgency feels gone, and there's a larger pool of candidates, so the panel is much more likely to pass or ask the candidate to wait while they interview more people.