I’ve been in software development since 2003. I’d never been layed off until Jan 2024. I had some dodged several. The signs were all there, company acquired about a year before, product didn’t really fit in their vision. That’s when the layoffs usually happen, a year or so into it. Yet I was still surprised. They got me, they finally got me! At first I thought it was a blessing. I had changed jobs fairly regularly but I hadn’t had any time off aside from the usually week or so here and there for 20 years. I casually started leetcoding and applying. Nothing. My network finally came through after 3 months of time off. The vacation was nice but I was low key starting to worry.

The situation is even worse now. Personally I think there will be a rebound in hiring eventually. Wrangling ai if nothing else. Otherwise, Vernor Vinge once said long term technical unemployment would be a sign of the singularity; just pray for a soft take off!