My bet: remote-only for most companies won't last. If there's one thing I've learned over the past 8 years running this company, is most people really struggle at remote. They don't have the dedicated work space, they lack the necessary self-discipline, and many people really start to falter without face time and social interaction. I suspect once this virus is solved, we'll see a flood back to in-person jobs.
React was just a glib example anyway, I purposefully stay far away from anything trendy. I'm hiring people who are data smart, can think in SQL, and fully understand that AI/ML/NLP is smoke and mirrors bullshit in the vast majority of contemporary applications.
Anyway, I guess my broader point is: When every single PE/VC is battening down the hatches, firms are preemptively laying off people by the thousands before their clients even start missing payments, and a large number tech employees are in mortgages/leases they cannot sustain without those aforementioned salaries? We're about to see a tech bust and housing crash far worse than dot-com. Things are going to get really bad. Programmers are about to be competing head-to-head with front-of-house restaurant employees for gig-economy jobs. Thus, I can afford to wait a bit to find the right people.