One thing about tech workers is historically they will crunch themselves hard to minimize downtime and meet deadlines because they care about their code and infrastructure. That totally breaks down when they see a bunch of their friends get shitcanned or sees their company making greedy decisions at the expense of their employees.

Got laid off a while back for about 3 months, along with a handful of others (some of which were there 5-7 years!). When I talked to an old friend that still works there, he said the morale is basically non-existent. The company is also ranked in the bottom 5% now on Comparably 😬