The dot com bust was so much worse (so far) because you had teams and companies and markets just vaporize. Made me pretty sour for a few years, but realizing it helps now to one, keep the current cuts in context (not too bad), and two, that even if the world seems to be falling apart, things do get better.

Another silver lining is the junior devs not asking "Why are you still working at your age? I'll be retired by 35" :-)