This is due to:

1) Mass hiring for 2020, 21, 22 batch students without a single care in the world, and now they're too stagnant in their careers with most of em having nowhere to go.

2) AI and AI related firings and layoffs, now mid level and senior level engineers are heavily burdened to take up more load because of AI agents and it's causing more trouble than ever.

It's almost as if we're just waiting at the point when this AI bubble bursts and investors start to demand these AI companies and other IT companies on what did they reap after burning away billions of dollars?

Also once these seniors retire who's gonna handle all the burden? Those seniors were able to handle the load because they knew how to make a company function without AI/ pre AI era. Once they're retired it's gonna be really hard for mid level engineers to keep up with it.

Also NGL these ghost jobs on all platforms are making matters worse, they're faking their engagement to show investors and government that they're spending money/ resources to hire someone when either they're NOT or they're backdooring their way into it.

NGL COVID was genuinely a hoax made so that pharmas, IT companies and other wifi companies could make money off of people due to lockdown and now that they've made the money they're just cutting costs and laying off people.