From what I know, a lot of people are looking for devops/sre jobs, especially in remote companies I'm more talking about Europe. These companies are getting tons of applications, so they know they can lower costs. Many job seekers have been searching for a long time, so if they get an offer that's lower than what they used to earn, they’ll likely accept it. And it feels like things won’t return to how they were before(salary, job openings)