With the recent Twitter layoffs from Elon Musk, many people are starting to call out tech workers for being overpaid and doing mostly fluff work. I feel that we are gonna see many more tech firms follow suit and start to cut workforce soon.

In the past, tech firms were able to afford luxury office amenities, pay ridiculous salaries and afford large marketing campaigns because they were flush with investors' cash. Hence you get a lot of tech workers yayapapaya and say fresh grad earn 10k.

Now, we will finally start to see these tech workers go jobless. Recession proof industries will be the new in-demand industries to find jobs in. The tides are going to change, many of these people may have overleveraged or lost big in stocks and crypto, we are going to see fire sales for properties, luxury watches, cars and many other things soon, the ones with strong cash reserves will be able to scoop all these up for big discount.