You mean to say 2x W-2 jobs? Yes, you are likely correct, though it may actually work out if you can convince one of them to switch you to a 1099 status.
Part of your benefits as a W-2 employee don't really do you any good to have 2x of them. 401k plans - your max contribution is the total, not per employer. Health insurance? Well, maybe some people would be better to have two policies (but then you'll get demands for the rest of your life to document whether or not you have two policies for the purposes of coordination of benefits).
Honestly, having one W-2 and one or more 1099 job is better than one or more W-2 job - if you can get it that way.