As someone who works in tech, it doesn’t surprise me. I had a lot of friends get poached 2 years ago with salary increases that shocked me during this blitz on hiring. What surprises me is timing. Some companies recognized the over optimistic forecasting earlier and realized to let folks off a year ago. Some folks are just now getting laid off. I’m. Not sure what led some companies to drag it out vs drop the hammer earlier. Did some see the writing on the wall and choose to cut earlier? Did other folks really try to keep employees hoping things would turn around?