[chews]

Alphabet, Microsoft, Salesforce, Shopify, Goldman Sacks, Kracken, Coinbase, Crypto.com, Amazon, Cisco, Twitter and Meta... double digit headcount layoffs in the last quarter.

Tech companies wont struggle to hire for a good while.

[joezydeco]

They will, because those highly compensated employees are hitting the market and finding out that salary and comp isn't the same outside the bubble.

So they're sitting on million dollar mortgages in Seattle or SF on houses they bought at 2% interest during the good times and now the offer they're looking at won't make ends meet.

Now what? Who blinks first? Do the other tech companies need to slide salaries upward to fill their roles? Why would they? We were told there's a glut of engineers.