The current recession is going to take a bite out of the large tech companies. The next one in line is Facebook, you can see Zuckerberg knows that the whole Meta thing isn't working out and is losing patience with workers obsessed with perks. Netflix is losing customers, Google has regulators breathing down their neck, etc.
While most of the workers who get axed should find new employment it will more than likely be a big step down. They are going to have to get used to regular jobs with regular benefits until the economy is fixed.