Is this just for the big guys like FANG, AI companies?

There is huge part of tech market that is just humdrum blue color software. Keep the ERP system running, build a new efficiency report, trouble shoot why the payroll missed bob last week because of a un-validated text entry field.

Or because of the years of zero interest, tons more people went into software, so now it is over-populated, and thus puts pressure on regular hum-drum software jobs.