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almost all of the people currently being laid off in tech end up leaving the industry or being unemployed. there are no jobs, and there are massive waves of layoffs everywhere.
Have you got a source on that?
Some industries in tech are hit extremely hard (i.e. recruitment), but as someone that has spent the last year helping those laid off from Amazon to find roles internally and externally, that's definitely not true in software engineering.
are you trying to suggest that of the tens (hundreds?) of thousands of people laid off in the last year in tech, they all found new jobs super easy?
i'm seeing people be unemployed for 6> months, endlessly interviewing for hundreds of jobs that honestly don't even exist, just listed.
Anecdotally, I'm in IT and had a brutal time finding a new job. Took nearly 250 applications over 6 months to find something, hated it (65-70 hour weeks without breaks), and applied to another hundred before finding something worthwhile. I'm no newbie - I've got over a decade of sysad experience under my belt.