Most of these execs actually believed that covid demand would become permanent. What they did was incredibly stupid and irresponsible, and now workers are paying for it
Most of these people are total followers. They just do whatever Google does because thats what dipshit investors want. There was no reason for my company to overhire to the degree it did, we were already able to meet demand.. hiring people doesn't magically increase your capacity to service more users. So fucking stupid. If I can help it I'll never work for an idiotic public company again.
Are you actually in the market right now or just making stuff up? You use a lot of qualifying language in this post that makes it sound like you're just reassuring yourself. It comes off as condescension.
There are hundreds of thousands of unemployed devs right now, plus all the scrub gold chasers trying to break into the industry. And not everyone has connections that can get them a job. Networking is still a numbers game, it isn't magic.