The problem is that this is a contracting economy. People are being laid off in other industries as well. Some are well positioned and will ride this out, maybe retool and be better off in a new career than before. But for others it is/will be a disaster. There’s no way around that.
The sad thing is that this is exactly what this administration wants. They want to inflict pain on the members of society they hate. They want to spread fear among all their perceived “enemies”.
It’s really pathetic and quite disgusting.