As with nearly each and every one of your articles, I regret that I have but 50 likes to give,

That said, I'm an iOS developer and I'm afraid that, justified or not, all of the big tech layoffs tend to spread beyond the borders of big tech. Many companies, not just tech companies, are placing projects and plans "on hold" until they see whether or not things are going to implode even further.

The spiral may be self-reinforcing...