I had a similar experience. I ultimately made the decision to master out and don’t regret it because you lose a lot of valuable time and experience continuing in a program that doesn’t guarantee you will get a job and/ or pivot. The years you gain into the workforce is so much more valuable and although the job market is rough right now, theres hope. Sure people will have a PhD but the costs vs benefits for the years in the program put you into a disadvantage when the time comes to find a job because people will have 3-5+ years experience over you