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Comment by steveBK123

7 months ago

ZIRP and then the final gasp of COVID bubble over hiring.

At least in my professional circles the number of late 2020-mid 2022 job switchers was immense. Like 10 years of switches condensed into 18-24 months.

Further lot of experiences and anecdotes talking to people who saw their company/org/team double or triple in size when comparing back to 2019.

Despite some waves of mag7 layoffs we are still I think digesting what was essentially an overhiring bubble.