[JeremyNT]

I think we (tech workers) have seen this for a while. The tech bubble was real - surely we all noticed this at the time - and it stands to reason that a correction is well past due.

But now, there are anecdotes of other sectors being hit as well.

Note that all of this is "working as intended." The way the fed manages inflation generates unemployment to knock out high salary workers and keep wages down. The target unemployment rate is not zero.