When a company must do budget cuts and layoff, it’s a big deal once in a few years thing. Not bi-annually.
Whatever the frequency is, it’s a risk. Arguably though if you’re remote you’re getting paid HCOL wages while living in a lower COL area, so being laid off isn’t as much financially dangerous as it would be in SF/NYC. Plus all these working years you’ve avoided the stress and drama that goes with climbing the ladder/getting in your boss’s pocket.
Not sure why you’re getting downvoted though, it’s a legitimate concern.
>I suspect there is a non-trivial amount of people who don't care about that
> I just want to do my job, get paid, and go home.
Hard to get paid if you get fired...
Absolutely.
People are lowballing hard, trying to take advantage of the economy and are surprised when their offers are rejected.
This is one of the reasons why!
(I find it amusing that this was downvoted when it's basically an axiom :-) )