Hacker News Reader

It's not the best time to be looking for work.

Exactly, the best thing to do right now is hold on to your job. It is unclear when the economy will recover and you may be able to find a better job.

With a severance package and savings like OPs, why do they need to look for work now?

If many of these thousands of tech people start just spending their large savings and not working, that could lead to more inflation.