> For years, companies like Google, Facebook/Meta, and Amazon hired too many developers. They knew they were hiring too many developers, but they did it anyway because of corporate greed. They wanted to control the talent pool.
Aside from all the claims with no sources/references whatsoever (claims which are not at all self-evident), blaming "corporate greed" for hiring employees? Isn't it also "corporate greed" to lay people off? Blaming corporate greed for causing high salaries? Let me guess, if they started cutting salaries, that is also corporate greed?
It's not possible to "control the talent pool" when there are so many companies in competition. Yes, they want to hire the best engineers they can find and they will pay handsomely for it. Every company (even our small non-profit) wants to hire the best engineers we can find. It's not "corporate greed" or us wanting to control the talent pool.