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Notes -
I get the feeling it's not great right now. My job still seems to be fine, but I have several friends in different companies recently laid off and having trouble finding new jobs, which seems unusual IME.
I don't have any sources or proof or anything, but my feeling is that the field has been bloated for a while for various reasons, including startups powered by loose VC money and tech majors hiring heavily and paying big salaries in hopes of someone building something great. I think this may be an overdue contraction that isn't going away. I think the longer-term outcome is something like the bottom 20% or so finding other lines of work, much less demand for things like bootcamps, and the rest continuing to have steady employment, albeit at somewhat lower salaries closer to being inline with other types of engineers.
My current employer did do some layoffs a few months ago. Pretty small numbers for the most part. Everyone they let go that I personally knew of was pretty low on the list of overall productivity. Doesn't feel like anything to worry about.
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