Why would “supply chain issues “ reduce spending? If a company is having supply chain issues, that by definition means that there is more demand than they can supply. Meaning people are willing to spend money. What are companies going to do when they get supply if they lay off workers?

Besides, if you work for any tech company, you should be able to throw your resume in the aid and get another job. Even if you are a blue collar worker, there are plenty of companies looking. I have a friend who works in finance for a major manufacturer. He said the company had to be a lot more lax about firing factory workers because they already had a shortage.