So with tens of thousands of workers suddenly losing their jobs at the likes of Google, Amazon, IBM, Salesforce and more, it's understandable the shocks are reverberating across the labor market. " Loud layoffs " in tech have a disproportionate chilling effect, says ZipRecruiter chief economist Julia Pollak, because they're happening at household name-companies that just experienced rapid growth. Further, it's a "bellwether industry that shapes our moods, and a slowdown there is causing job-seekers more broadly to worry jobs are becoming less available."