“Layoffs are a social contagion.” This quote is gold. From: https://news.stanford.edu/2022/12/05/explains-recent-tech-layoffs-worried/
What explains recent tech layoffs, and why should we be worried? | Stanford News

As layoffs in the tech sector mount, Stanford Graduate School of Business Professor Jeffrey Pfeffer is worried. Research – by him, and others – has shown that the stress layoffs create takes a devastating toll on behavioral and physical health and increases mortality and morbidity substantially. Layoffs literally kill people, he said.

Stanford News
@peterme I feel many web services have too many developers, and I am one of them. They have too many developers for the number of features and updates that we actually get. Most of the demand for developers is for maintenance issues due to bad engineering practices.
@Stark9837 @peterme Bingo. And they hate hiring older engineers -- "less energy" and they hate hearing about how the project is accumulating tech debt... because they or upper management won't invest up front -- so bye bye. Watched this happen to my partner for five years; he's FINALLY in a job where everybody actually cares, upper management included, because they care about the security and reliability of their giant network of sites. Home Depot, fully remote, startlingly diverse too.