Absolutely correct, I watched this happen to our tech team before I was also thrown in the chipper.
And it doesn’t help that a lot of the young people trying to get into coding and tech fields are not what you would call titans of confidence and charisma, these are mostly introverted and thoughtful people who have studied most of their lives under the belief that meritocracy exists, and they can prove themselves in the business world by doing great work and being a good employee.
Meanwhile glance over at the sales side of the building and there are people there making six figures a year who do next to nothing but party and tell lewd jokes, but are absolutely invulnerable to layoffs and downsizing as long as they can talk to clients and joke about sports with the CEO.
The disillusionment around the business world is real and unsustainable.