In a nutshell: It had long been said that a career in tech was the ultimate dream: high salaries, security, and a huge number of perks made for some very happy workers. But things look quite different today. The tech world has seen the highest number of layoffs of any private sector industry this year; perks have been cut; salaries aren't increasing in line with the extra demands; and there's the constant spectre of AI.
In context: Working in the tech industry might not feel like the most secure profession right now, given the number of people being let go, but it still offers some of the best perks (and pay, usually). Microsoft, for example, is giving its US employees unlimited, fully paid time off.