I know somebody that was in the first round of these layoffs about 6 months ago. This person still has not found another job. It's pretty hard to find a job when everyone has a hiring freeze.

I suspect some of the 40-somethings that are turning a bit gray will have a very hard time finding a new job that paid as well as their FAANG job did. I always feel hackernews greatly overstates how easy it is for folks even working at a "top firm" to finding a new job in this current job market.