> There's a much more reasonable explanation here.. tech jobs had the most wage growth during COVID and this was a pullback.

More concretely, companies do layoffs, visa workers have to find another job in 60 days. Companies like amazon try to scavenge and lowball the shit out of them. This is happening across the industry.

There's consolidation, acquisitions, and layoffs happening across industry. It's just a big game of musical chairs