Literally just had the same thing happen to me. This time at Microsoft. Worked for a small startup. It got bought out in 2023 after investments in actual hardware that wasn't named Nvidia died.

Layoffs on most of our engineers. Somehow I survived and basically did no work for 2 years. Was finally laid off.

I hated it. But I basically stole a salary from Microsoft for two years. Fuck these big tech companies.