As someone with experience in this specific niche, yes they absolutely are. There are no longer ten thousand retail chains asking for COBOL-based counterpoint PoS mods on a yearly basis.

The COBOL market is basically tenured experts in existing systems or polyglots helping migrate the systems to VB or C# at this point. The market has plummeted and now it's in the final deflationary shrink before death.

Ah, damn, I’m sad to hear that. Always respected the language. :/