Problem is that post-pandemic market is ripe for a layoff. Companies purposely over-hired during the pandemic and then in the past couple years the layoffs achieved 2 things: 1) Thin the staff to show shareholders a higher short term profit in an age where they cant get cheap loans and show they're undertaking new risky ventures (interest rate is high from the fight against inflation), and 2) They can use the layoffs to undermine the leverage of employees to create a "hard pull" back to office policy. It makes laying off people much easier when they "volunteer"
Happens all the time ( sh.itjust.works )
Ordered back to the office, top tech talent left instead, study finds ( www.washingtonpost.com )
Without paywall: https://archive.ph/0KvTq