276,000 tech jobs are gone. Time to stop being a background player.

276,000 tech jobs are gone. Time to stop being a background player.

The job market didn't go away, but it did add some extra elimination rounds

The job market didn't go away, but it did add some extra elimination rounds

The gist…

The gist…

Thousands of people are applying for the exact same job right now. Every advertised role is like tech's own season of Squid Game, minus the tracksuits.

276,000 tech workers got cut in 2024 and 2025. Entry-level hiring dropped 73%. If you just wrapped a bootcamp or you're three years into your first dev job, congrats! You're one of the contestants that gets shot in the red light green light game at the beginning!

We've seen this movie before, albeit before movies were really a thing. Handloom weavers were crushing it as some of the best-paid workers in England, until the power loom let one operator run several machines at once. Twenty years later, that skill wasn't worth shit. AI's doing the same thing now to boilerplate code, test scripts, and docs… the exact grunt work junior devs used to cut their teeth on. Stack Overflow says entry-level tech hiring dropped 25% in a single year.

So I called in mentors to find out who actually makes it to the next round. Ivan Iannaccone, who's led product and engineering teams at Google, AWS, and Amazon, says the bar moved—AI fluency is table stakes now, and judgment is what's scarce. Karl Schmidt, who hires tech talent for a living, told me a single junior req went from thousands of applicants down to tens the moment he named one specific technology.

What we get into:
- Why "generalist" just became a red flag—and the one move that turns thousands of applicants into ten
- The two paths every tech worker can take in the next 12 months, and why only one of them keeps you in the game
- Why machine learning roles grew 40% while entry-level coding jobs disappeared
- The self-check that tells you exactly how replaceable you are right now

The house doesn't decide who survives to the next round. You do.

Transcript

HEY

I’m Tom, and I run Cold. I help startup founders and marketers make progress.

If you want to go deeper, see how I work, and explore ways we can collaborate, head here: