The endless summer is finally turning into fall for the tech industry. I have heard several anecdotes of people who just coast and earn absurd salaries, specifi

The endless summer is finally turning into fall for the tech industry. I have heard several anecdotes of people who just coast and earn absurd salaries, specifically at Facebook and Google. If it can happen there then it's probably a widespread phenomenon of "hire at any cost" and "keeping up with FAANG salaries". Right now it's probably a lot of cost-centers and lower performers getting laid off, but could expand to more muscle if things keep going this way.