I used to believe the tech industry was better than other industries.

> Competition for talent is pretty fierce, a good enough reason not to cut someone's salary is that it's likely they can go elsewhere and make what they're making now, plus a signing bonus

I really hope that scenario will happen. IT companies tend to repeat what Google, Amazon, and other tech giants do; so I expect most IT companies will follow Google regarding the topic we are discussing here. I hope am wrong.