Because they're publicly traded companies and the largest shareholders feel technology companies: 1) Are capable of "doing more with less" 2) Have too much he

Because they're publicly traded companies and the largest shareholders feel technology companies: 1) Are capable of "doing more with less" 2) Have too much headcount 2) Overpay engineers by 2-3x These views are not unique to Wallstreet shareholders; they are shared by a growing number of tech VCs and "thought leaders" (most notable a16z). The next phase will likely be longer hours for less pay. The halcyon days are over.