[shostack]

Is there an indicator that large tech companies that have their business model figured out are laying off people or are expected to at this point?

My read on this is that the downturn is limited to funded startups with no clear revenue model or who can't scale large enough to secure future funding. This in turn could lead to a feeding frenzy by the big established players who see talent they can scoop up from people looking for stability.

I'd also love it if you or anyone has numbers on the percentage of people employed by such startups compared against those employed by the large tech companies. My gut says the % employed by the funded, pre-revenue startups is pretty minimal compared to the overall employee count of the large tech giants that are doing just fine.

Plus, given that this fallout would be largely limited to the private markets, I wonder if the outcome will really be that disastrous.