Considering how much AWS recruiters message me constantly, an apocalyptic scenario where even the big players are having to lay off substantial amount of engineers is pretty low on the probability curve. Especially given the crunch to hire literally anyone of any skill, which is incredibly difficult at the moment.
I will say there's probably about to be a bunch of WEB3 crypto bros about to need a new job, to which I say good riddance; the days of them grifting people is probably over.