I'm already seeing this in the life-sciences. Illumina, who used to own the game of DNA sequencing, has been laying people off left and right. All my contacts within the company are laid off.

Illumina is a special edge case as they've been a victim of souring China-US relations before the tariffs even started: https://www.fiercebiotech.com/medtech/illumina-aims-cut-100m...