Yep.
Had a lot of head hunters reach out to me. I like to keep a toe in the water to see the market. One headhunter, whom I have worked with since college, flat told me “Wait 6 months. Most of these openings are paying so below market that they are hoping for an H1B”.
But the cost of expanding hourly wages is less for salary folk. Many companies in the area have started laying off managers and engineers because the can’t raise prices of their products, but have to meet earnings.
All of the middle management of IT worldwide got the chop at the end of last year.
No next step for me but there are far worse out there. I experienced a few atrocious employers during the wun time.