From what I read in the article, layoffs were higher in the non-techy departments of these tech companies.
Departments like marketing, and HR, that have a higher demographics of women, as stated in this article.
I don’t think the article is fair to say that it drags us back many years regarding efforts in equity, when said efforts were targeted towards tech and engineering departments.

So women are more disposable and companies cut “soft skills” first. Great, working with tech companies is already full of people with absolutely no social intelligence, let’s cut the “fluff” departments (yet what hires on the tech spots? Insurance and the other underpinnings of the compensation packages), and then people show up with “wElL iTs NoT wOmEn iN TeCh”.

It’s the same energy as when an article gets posted about racial equality. So many ways to talk around a big societal problem.