Obviously something is going on, but there's not a secret info line that big companies are into. Interest rates are up, it's harder to get easy money to expand. Some companies are going to spend less money on new software, and lots of companies are trying to reduce costs because it feels like we will have a recession. At the same time, there are lots of jobs, and out of the tech world people are getting raises for hourly work, and they still can't hire enough people. $20/hour at my local mcdonalds. I am still get random job and interview requests on linked in. If you are an experienced engineer there are plenty of jobs. Google, Amazon etc has done some layoffs but they grew a lot the last 2 years. Seems like plenty of smaller companies are hiring.