But there will be others for whom it's not so simple. Some will feel the sting of unrequited loyalty. Some will have limited skills and limited options. Yes, unemployment remains low, but unemployment figures look backward. I'm worried about.
Many tech companies own stock in other tech companies.
Those companies' portfolios have been hammered along with everyone else's. That means lower earnings for the companies holding stock, which in turn hurts their stock prices. That makes options less valuable to workers, which means the companies increase salaries, which hurts earnings, which hurts the stock price. The disposable workforce has been a key to Silicon Valley success. Hire them when you need them.