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Yeah, it's not like a software dev would interview with 2 big software companies, right?
A SWE that can get offers from both Amazon and especially Meta has no stress to get a job at any other company. If you want to get a job at aunt Mary ice cream and oil change shop, you will get it.
If you don't want to work for Amazon or meta (who have famously hard interview processes, and very long too)... why do you apply?? You can much easier get a job at any local or international b-tier company.
You make a lot of money and if you've been in FAANGs for a while then it's a natural transfer.
But to back them up, one of my buddies interviewed at Microsoft, Google, and Meta all at the same time, and then was able to pit Google and Microsoft against each other to get a really really cool job.
One who openly admits they're fairly senior and living in one of the tech hubs oh no way. To be fair to people outside of the tech hubs, it's absolutely nuts when you live near big tech. They're always sort of... Looming. Like when homer was working at the bowling alley and then loses his job and it pans up to reveal the nuclear power plant looking over everything. Except it's Amazon.