One thing people tend to miss here is that 2021 was a massive hiring year across the board. The layoffs in 2022, while regrettable, are something of a correction from that. The number of ICs just at Google alone is still massive.
Yes. But that is where non-Faangs are hosed. IMHO Small companies see a Faang on a resume and toss the other ones out. Even though the Faang company tossed these people first layoff.