Yes. Absolutely. Just not the big corps. The big corps had tools to mitigate, people to cut to throw red meat to the market, and products to hype about how efficient they are now, etc.

I don't know if Big Tech will re-staff. I suspect they might to a degree, but smaller software-focused firms absolutely will. If they are surviving, they are working with a much smaller staff and would jump at the chance to add more hands.