2000 or so would like a word with you. "Tech" hasn't really melted down even if there have been layoffs, it's harder to find new positions, and a lot of crappy startups have shutdown. Dot-bomb was an absolute nuclear winter by comparison. (May still happen of course but probably not.)
What meltdown? There’s a top post on this site with hundreds of companies hiring.
Meltdown is certainly an overstatement (at this point). Not that that is much consolation to people who have lost their jobs and are having trouble finding a new one or those whose RSUs are worth a whole lot less than they were.