Amazon is down 30%, and the sorts of tech companies that will be populating this list are already down anywhere from 50% to 90%. However, the biggest pain to come is private market startups. An easy call to make, simply because you can't directly profit from it, which lets the inefficiency persist. For now.

Deutsche Bank already made it very clear that according to their analysts there will be a significant recession in the US this or next year

GDP already printed negative a few weeks ago.

I sure hope I am wrong.

We only need to go back a couple of years to mid 2020 when every company was laying people off. Layoffs.fyi was tracking multiple new rounds every day. I fear what is coming is going to be that or worse.