A lot of tech is probably colored by what was truly an exceptional decade or so in roughly the 2010s. Now, layoffs at larger tech companies are not an exceptional event, many companies have tightened up on expenses and hiring, and (even if not necessarily salaries) total compensation has probably taken a nosedive in many cases. (While housing prices are still very high in certain high profile areas.)
Yep. Even though I myself am in tech, my family background wasn't as affluent as other people in the industry.
As such, I feel a bit of Schadenfreude from people who lived with a golden spoon hyperventilating about what is by most standards a fairly normal tech market (or at least, used to be the norm before 2015-16)
I'd even say it's basically equivalent to the tech hiring market in ~2019 and 2018 when I was looking for jobs. Except offers are better (though no bidding wars like 2021)
I can see that. Idk when the unrealistic expectations started kicking off on HN and Reddit - maybe COVID?
But the market seems fairly normal scale of things outside of a couple large employers who tended to hire juniors at the expense of more experienced engineers (Google, Meta comes to mind, and some teams at Amazon), so this might be their first time in a market like this in their careers
