How much have tech layoffs affected engineers vs. other departments?
This is likely to be the recession that halts the rapid inflation in tech wages.<p>Rising risk free rate has hit growth companies the hardest, and there are likely to be a large swath of layoffs right as we have tons of people bootcamping and switching into the industry.<p>Supply and demand of labor in tech will enter balance for the first time since ~2010. The FFR is looking to have a reasonable chance to go to 5% at this point, so the pain isn’t even close to being over<p>Get used to not being special like pretty much every other industry