For example engineers that were laid off at Stripe in Seattle ordinarily have a good chance of getting a job at Amazon, but now Amazon isn't hiring. That combination certainly causes folks to feel uneasy.

Additionally, cities like Seattle are expensive and not all companies pay equally well. If you bought a house on a single income but suddenly cannot find a new job paying enough to pay your bills, then that's a problem too. Previously there were lots of jobs of similar pay to go around. In the current economy that is no longer the case. Suddenly you will need to make some tough choices. Yes we can argue that nobody should have put themselves into such a position in the first place, but buying a house is incredibly difficult in markets like Seattle and San Francisco, and so I don't blame people who are now in this predicament.

Amazon is not the only company. There are literally millions of companies out there. They can stop being so delicate and suck it up and work somewhere else than FAANG.

>If you bought a house on a single income but suddenly cannot find a new job paying enough to pay your bills

Have you seen the tv show called x-files? Trust No One. Don't make big financial decisions by depending on someone else. Save enough to save yourself from that kind of trouble and find a job. It doesn't need to be Amazon. Suck it up and survive.

I blame people who cry after making $200k+ and not saving. I blame them for making weird financial decisions and thinking their social status depends on their job titles at certain companies. Life is fast and everchanging. You must trust no one and be self sufficient.