[pcan77]

This, and most of the recession was manufactured to take worker power away that was gained during WFH/pandemic times. It's not a coincidence that the FAANG companies were fined a combined 45M (chump change to them) when caught colluding to stagnant tech worker wages. I almost guarantee they colluded in layoffs/getting people to RTO.

[umeshunni]

It's 415M, not 45M and it's technically not FAANG companies - it was Apple, Google, Intel and Adobe.

If anything Facebook is responsible for the vast increase in tech comp over the last 12 years.