The thing is that if the position is vital then they rehire. But at least you know that that person is needed. One thing I've learned, for the most part, is tha

The thing is that if the position is vital then they rehire. But at least you know that that person is needed. One thing I've learned, for the most part, is that no one person is vital to a company's success or failure. I worked for a project manager that thought everything he did was very important. So he had files and files to document what was happening. He got fired and the "important documentation" ended up in the trash. A department in the same company was confident they were as lean as possible. They worked long hours and output as much work they thought was needed. The company decided to close the department and every one got fired. 2 years later the company was fine and they were not missed. Turns out they were doing work no one really needed. People quit all the time and they get replaced. It's the same thing with layoffs. Another thing is that a lot of positions are filled by people that are over educated or experience for the job they hold. They do it simply because that person wants to work for a FAANG and are open to getting any position they can. My suspicion is that a lot of people are going to move jobs as jobs become available and some positions will be merged from say 2 to 1. I'm sure it's crazy now but they will be fine.