tldr; You’re fired, we’re doing great thanks to cutting your cost, but stay strong in your job search during this recession like those who have been persecuted for the color of their skin!
HN needs to stop repeating this nonsense to one another. We are not in a recession. The latest GDP figures came out yesterday, and growth beat expectations by 12%. Service industries are hiring. The tech sector can no longer make billions by using AI to draw cat faces on selfie pics, but that has little bearing on the rest of the economy.
People on this site have willfully changed the definition of recession to "layoffs are happening in my industry". That's not what it means, at all.