The power was never there. What was there was the prospect of being able to head to greener shores. It's not just about layoffs (which are still ongoing, so you

The power was never there. What was there was the prospect of being able to head to greener shores. It's not just about layoffs (which are still ongoing, so your numbers are preliminary and not the final tally), but also hiring freezes. For someone who loses their job now, not only are they competing with everyone else from all of these companies let go, there's far fewer positions open than there were before. So the prospect that existed in lieu of power is now gone.