This is nothing. The NYC developer market was completely saturated in 2008 when Lehman brothers went under and AIG made huge cuts to their IT organization. I recall the number being 60-80k developers looking for jobs all at once.
Might find work, but is it at the same comp level? I'm unemployed, I'm worried I'll have to take less then pay then I was making before (270-320k based on the stock price)
I’m also in BigTech and have seen my compensation drop (unless there is a major uptick before my next vest in a month).
But, seriously, I’ve got the worlds smallest fiddle for someone who is worried that they may not make 270K+ going forward.
Yes my stock has dropped by 50% from its 52 week high. It stings. But it doesn’t affect my life at all. I made sure that I could live off of my base pay - and still max out my 401K.
If you have employable skills you will find work