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Re:Meta lays off 11,000 people by jannes on Wednesday November 09, 2022 @06:57AM (#33530287)
Shouldn't salaries just go down to pre-pandemic levels like the headcounts? (not even sure if they increased during the pandemic)

According to the companies that's all that's happening here.

Re:Meta lays off 11,000 people by jillesvangurp on Wednesday November 09, 2022 @07:18AM (#33530498)
They are actually going down because of inflation and the lack of a full compensation for that. You get the same money but it's worth less.

As for unemployment figures; apparently they are very low right now. Which suggests companies actually need to offer more to be able to fill open vacancies. A few tens of thousands highly employable people leaving the fang companies is not going to change that.

Re:Meta lays off 11,000 people by pimbrah on Wednesday November 09, 2022 @07:00AM (#33530316)
salaries rarely and hardly ever go down. however inflation does exactly that in real terms. This is an interesting article about it: https://www.interfluidity.com/v2/9566.html
Re:Meta lays off 11,000 people by kasey_junk on Wednesday November 09, 2022 @08:19AM (#33531163)
Lots of these peoples compensation package is largely equity based. Their pay has already taken a major hit.