There's no monolithic "Job Market", so specific details matter. I have not been tracking details too closely but here are two things I am tracking:

- CRUD generation by running through JIRA tickets and clearing backlogs seem to be replaced by agentic workflows. So if you were an extremely productive dev who would machete your way through CRUD and API integrations, agentic workflows do it better, faster and for cheaper. I can point CC, Codex (Cursor in progress) at design specifications and it can turn those into perfect Django apps with well written test cases like there's no tomorrow. It might not make sense for such a business to continue to hire humans to do the same work

- Tokens for frontier models over the API are really expensive. I am personally aware of some companies that have monthly high five figure token expenses and one company that has a monthly six five figure token expense.

It's still worth it because they are churning out code 24x7 vs a typical human's 8x5 if you're putting in the right workflows, guardrails in place - that's a 4x productivity gain.

You're getting done in a month, what a full quarter would require humans to do. However, the company still has to pay for that and unless they are signing up 4x more paying net new customers every month with 0 churn, engineers have to be let go to pay for those tokens.

But how do they scale the reviewing of the agentic output? Or they just blindly trust it and worst case scenario they get to write a sob story on HN about how Claude has deleted the production db?