- Big Tech: New grads now account for just 7% of hires, with new hires down 25% from 2023 and over 50% from pre-pandemic levels in 2019.
- Startups: New grads make up under 6% of hires, with new hires down 11% from 2023 and over 30% from pre-pandemic levels in 2019.
Can’t eventually have senior engineers without giving junior engineers a chance, so good luck with that. I’ve got nearly 2 decades under my belt and I’m ready to leave.
This is definitely a problem in sectors that are boom/bust. You have senior engineers ready to retire and nobody is ready to move up into their positions because there just aren’t any intermediate level engineers in the industry.
Tech execs when the shortage hits: I just had a brilliant idea! Let’s just give untrained junior vibe-coding engineers the power of senior engineers, and even more AI tools. Problem solved forever, bonus please!