Because virtually no one is an SWE? Software jobs were fueled by stupid startups creating flashy cash incinerators hoping to get bought up before burning out.

Because virtually no one is an SWE? Software jobs were fueled by stupid startups creating flashy cash incinerators hoping to get bought up before burning out. Then interest rates came and gave VCs a reality check. It's unsurprising tech is going through withdrawal after the madness of 2020/2021.