I am not living there but I think salaries for generic Java/.net/Webapps etc is going down mainly due to high supply of tech workers. In US our company offices

I am not living there but I think salaries for generic Java/.net/Webapps etc is going down mainly due to high supply of tech workers. In US our company offices are moving from major tech hub to smaller city. Initially most people decided to collect severance and find another job locally but now many are finding it difficult to find job with generic IT skills sets and reevaluating their initial decision.