People saying the title doesn't match the tweet are incorrect. When she says "it's not about the $", she doesn't mean "it's not about salaries". She means "it'

People saying the title doesn't match the tweet are incorrect. When she says "it's not about the $", she doesn't mean "it's not about salaries". She means "it's not about the (supposed) cost savings". And this is correct. The power and flexibility gained by workers in the late 2010s being "reined in" is exactly about suppressing worker compensation and benefits. In a tight labor market, keeping and hiring employees gets real expensive. Coordinated layoffs are to shift that power balance back in the employer's favor and if you think that won't reflect in salaries, you're crazy. Remember that many of these companies generate in excess of $1 million in profit per employee. That's profit. As good as tech workers have (had?) it, the fundamental forces pushing the exploitation of labor still apply. EDIT: corrected gender.