> They wanted to monopolize talent, burned billions doing it, and then discarded those people like they were nothing. They caused the problem, and now we developers are paying for it.

What's the actual issue here? Is anyone really worse off by having worked at FAANG for a few years and then being given a generous severance package? The alternative explicitly presented by the article is that if they hadn't been hired by FAANG, they would have been working at a smaller company for lower pay, or worse yet, they wouldn't have been able to get a coding job at all.