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Comment by verdverm | Hacker News Reader

I've seen multiple other sources that report software jobs are on the rise again. One example: https://www.cnbc.com/2026/10/11/ai-software-developer-jobs.h...

A different story being told is that the industry over hired during COVID and lockdowns, then over corrected with Ai, and now we are returning to normal levels.

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Evidence for that is Apple. The one company that didn't go on a hiring binge during the Covid years is also the only company not doing mass layoffs. What a curious coincidence.

AI is providing a cover story for incompetent executive management decisions at firms worth trillions of dollars. I'm not saying anything about how useful or not useful AI will actually be, but it's clear that these geniuses funded a bunch of dead-end projects chasing fool's gold, and then they needed to free up capital to get in on what could be an actual gold rush.

They are on the rise but that rise is slower than and has not yet made up for the jobs lost despite growth in revenues returning to the industry

give it a little more time and don't put the lost before the gain, we had an overage and then walked that back, it's a different perspective, we don't have to get back to peak soon, the peak was way out of bounds

Your link says the postings are on the rise. The article also says postings are on the rise.

I've heard it's on the upswing again, but then became depressed when I actually looked into job listing.

Senior Prompt Engineer (10 years)

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