[ej88]

the top % of talent is still extremely hard to get, perhaps moreso

saw an article recently where every sector is seeing a reduction in IT/devs except for tech and ai companies

if your company is in a sector where eng is a cost-center and the product is not directly tied to your engineers / your company is pushing for efficiency it's an employer's market

[Ronsenshi]

I don't think it makes sense to consider top % of the talent - relative to the total amount of engineers I imagine it would be minuscule.

It's the rest who will have to deal with shrinking number of positions, higher competition and possibly decrease in compensation due to said competition.

[ej88]

Unfortunately agreed, i see swe (already) going the way of finance

most jobs are okay comp 9-6s with a small group of elite talent making extremely outsized comp

more emphasis on pedigree, exclusive hiring pipelines from top schools