This is something I'm interested in as well. It feels like last year, I saw every tech company fighting tooth and nail to scrape up every last engineer. We even had trouble making modest pickups at my own megacorp because candidates were getting multiple offers during our accelerated interview process.

This seems weird though because I have no doubt that every financial analyst at each of these companies saw the incoming downturn a mile away. If it was just a few of the companies making recent questionable decisions (Twitter, meta) it would make more sense to me, but the list of companies laying people off keeps growing.