Big tech includes more people, and pays more, now than it did in 2019. 2020 and 2021 hiring and offers were unprecedented. Things have slowed down, but this is no where near a dead, or even cold, industry.
Yea, I was just told by an AWS employee that they're desperately trying to hire as many people as they can still. Those companies are massive. The layoffs and divisions with hiring freezes don't seem to even make up a tenth of their capacity to hire.