Tech layoffs signal end of job security for coders and open new recruitment opportunities.

Tech companies are laying off software engineers and other core technical roles, signaling a shift in focus of current business priorities. The rise of AI at work is also a contributing factor, allowing employers to do the same work as before but with fewer workers. While software engineers are still hugely in demand, their bargaining power and ability to ask for over-the-top perks and salaries has been muted. Other industries are snatching up tech workers, but they might also have to follow those industries’ pay schemes.