""Just checked, 176,000 job applications at Figure the last 3 years," he wrote in an X post on Saturday. "We've hired ~425 people." That amounts to a hiring rate of about .24% within the three years. Adcock wrote that most of the submissions were "slop." The spread of the 176,000 applications over the three years is unclear. Adcock did not immediately respond to a request for comment."
"Adcock wrote in the comments of his X post that the review process has been a slog. "We go through these one by one like a monkey - it's incredibly time consuming," he wrote. According to the CEO, the "ATS" or applicant tracking system - a software employers use to sift through résumés - can't save a lot of time if a company is being barraged with hundreds of thousands of applications."
Figure AI received 176,000 job applications since launching in 2022 and hired roughly 425 people, yielding an acceptance rate of about 0.24%. Most submissions were labeled "slop" and were reviewed manually one by one. The applicant tracking system (ATS) provided limited time savings, reportedly requiring at least 20 seconds of button clicks per submission even when submissions were poor. If applications were evenly distributed, the annual application load would be just under 59,000, making the startup's acceptance rate far lower than Caltech's reported 3% rate. The distribution of applications across the three years is unclear.
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