So let’s talk about the other side of the market that I am also familiar with “enterprise development” [1] - banks, bespoke internal apps that will never see the light of day outside of the company, etc. Those companies are also cutting back.
[1] I work at $BigTech. But my work involves cloud consulting mostly with enterprises and I spent most of my 20+ career as your standard “enterprise dev”.
The market is going to get tight if FAANG is on a hiring freeze/laying people off. Other companies are going to look to the FAANGs to make their decisions. It was real hot for a year but if you stick 20k developers on the market at the same time you take 20k jobs off the market combined with other companies going cold. The market is going to get tougher, even for SWE/OPS.
