I think a lot of people forget what it was like during the last tech downturn, or the previous one, or the previous one... or they’re too young to have lived through them. I remember being a month from total bankruptcy, 12 months into a job search, and I had a decade of experience at the time. Almost nobody was hiring. If you haven’t been through it you have no idea. Fund that emergency fund, people!! Minimum 6 months but 2 years is much better.