Once the dust settled, sure.

We're still on our way to hit the bottom for this round, and by all accounts it's likely to be much bigger when we finally do.

2008 didn't really impact tech sector much though. Companies continued to hire through it, and in fact those that didn't often had a headcount deficit afterwards.

And also the worst of 2008 was confined to the US.

What we have now is more like 2001.

Also most of these big companies were completely dysfunctional on their hiring through 21/22, just going completely apeshit. Now they're making everyone suffer for it.