I think it's neither. The big firms aren't getting rid of huge numbers of devs, most of the cuts are coming in HR, marketing, and administrative roles. Start-

I think it's neither. The big firms aren't getting rid of huge numbers of devs, most of the cuts are coming in HR, marketing, and administrative roles. Start-ups have less funding, so there is going to be less hiring there. We may also see less start-ups in general. I doubt the boot camps have created an over-supply. There aren't that many boot camps, and from what I understand, the majority of the graduates do not go on to become software engineers. They market based on a few successful grads, but those may be the stand-outs.