I got laid off then brought back on last minute (whiplash), and though i was burned out while applying during the transition period, end of the day i needed a job.

So whether people check out as in, leave industry or take a smaller pay sure i can see that happening. But unless you have large savings or low expenses, you can’t really stop.

If it didn’t take 50 app submissions for 1 interview, and the interviews weren’t l33t code crap, then i’d be crazy enough to enjoy the process.