No, some companies are doing layoffs due to mismanagement resulting in over-extended workforces. Many companies are still hiring and will keep hiring. If it's a

No, some companies are doing layoffs due to mismanagement resulting in over-extended workforces. Many companies are still hiring and will keep hiring. If it's a well-known company, it likely has multiple sources of revenue versus companies with one - Coinbase and Bolt. Downturns happen, I graduated into the 2008 Great Recession and still got a job as a newly minted CS major. Don't resign from your current job until you have the offer letter in hand.