When the pandemic (remember that) was in full fury offices across the globe were vacant. Everyone who could was working from home (those who couldn't were "heroes"). When the pandemic terror subsided folks who were working from home were more than reluctant to return to the office with many, particularly high-tech workers, resigning to find WFH jobs.
Is that loyalty?
Now we're seeing the economic impact of just one too many rounds of "stimulus" payments as Biden tried to one-up Trump despite some economists' warnings. Inflation ensued and the economy cooled. Major high-tech companies are now "right-sizing" by laying off significant headcount. Interestingly these employees are trying to play the "loyalty" card claiming that the companies should be more devoted to their employees. But where were these voices when they, or their colleagues, were showing how loyal they were to their employer (and their colleagues)?
Is that loyalty?
What is stunning is that anyone working in high-tech can somehow believe they are guaranteed a job. One with far above average pay and very often significant stock opportunities. They seem unawares of the fact that most of them are, well, average. Or that there are as many that are poor performers as there are that walk on water when it isn't frozen. Probably more. A lot more. They cannot grok that they work for a business. One that has to make money. Money used to pay their salaries. When the money goes south almost no employers cut pay across the board and if they tried there would be mutiny. Managements only lever to pull is reduction in force (RIF).
It is simply amazing that folks, who claim to be so smart, don't get this.