This comment is incredibly out of touch with the world of big law. Not only do associates get cut, but many people stall out and can't make partner.

(also the whole concept of "Up or out" comes from Big Law/Consulting... https://en.wikipedia.org/wiki/Up_or_out)

You are just as "set for life" in big tech as big law. In fact, if you're looking at the last decade, big tech won hard considering tech stocks and how big law froze (and even slightly cut) salaries during the great recession.