Employee counts still being about 2018 is pretty cold comfort for someone looking for a job right now, especially if it's their first job. And if you think the wave of cuts has come and gone you are more optimistic than I am.

Nevertheless, it's unclear what your complaint actually is. That since the industry recently went through a surge in hiring (ie, a boom), it's not newsworthy that there are widespread layoffs for the first time in more than a decade?