Tech perks dwindled; layoffs increased. Shift from zero interest rates encouraged reckless hiring to prioritizing profitability. COVID gave a short-term boost but wasn’t the main cause. Engineers' personal interests now conflict with company goals, risking job security. The reality: delivering value means retaining jobs; unrealistic perks were an illusion. A realistic approach to engineering simplifies the role but involves navigating tough market conditions.
The Good Times in Tech Are Over
