Taylor Desseyn of Randstad Digital powered by torc.dev delivered a 15-minute "State of the Tech Market" talk at the All Things Open August 5 meetup in Raleigh, NC. His slides outline the current state of tech hiring and include current data points sure to be of interest to many.
the landscape ofthe market
in terms of the software job market, a large portion of it
is booming. many companies are being born, exploding
in value, revenue, and hiring. people who became ai
pilled in their approach to software engineering have
done extremely well, those who haven't have not.
people who have pivoted into new and fast growing
verticals, companies, products enabled by ai have done
well, people who stuck with larger teams / companies
that either are moving slowly or are being disrupted have
had a hard time or are being laid off.
people who still distinctly identify as a "frontend /
backend / etc.." have had a harder time than people who
have said f it and 10xed themselves by leaning harder
into ai and objectively broadening their skillset + what
they bring to the table.
it's crazy that i can talk to someone with the former
mindset and it's doom and gloom while people in the
latter literally are making more than they ever have,
along with more opportunities than they have ever had.
— Nader Dabit @dabit3
5.
the paradox
these twonumbers happened in the same six months, in the same economy. if
you only read one of them, you have half a map. today you get the whole thing.
139K
tech layoffs
H1 2026
$510B
startup funding
H1 2026
6.
what's slowing thingsdown
market forces
• the great hesitation: long interview cycles, frozen
headcounts
• nearshoring: amazing talent globally is a real fact
• we're still unwinding the overhiring binge
• "the great smush": roles are being intertwined
juniors are being pressed
73% drop in entry-level hiring in one
year
versus only 7% across all levels
7% of big tech's 2025 hires were new
grads
down from 25% in prior years
the job marketis not dead
20%
YoY hiring growth at top companies
March 2023
hiring has been climbing ever since
15%
projected growth through 2034 (BLS)
9.
read the wind
49K
AI-relatedpositions open in H1 2026, up from 35K last
year
63%
of AI-related job titles now appear in roles outside
traditional tech occupations
163%
year-over-year growth in AI job postings, per LinkedIn
10.
the jobs indemand
applied ai / ml engineering
devops + mlops + platform
security
full-stack with ai integration
11.
the further yourwork sits from
routine code a tool can generate,
the safer and better paid you are.
12.
THE STACK
the skillsetsin
demand
AI-skilled workers now earn a 56% wage premium, up
from 25% a year ago. AI engineer job postings are up
109% year over year.
Applied AI
LLM integration, RAG
pipelines, evals, agents.
The infrastructure
Cloud, MLOps, security.
Agentic tool fluency
Cursor, Claude Code, Copilot.
Still a differentiator, for now.
The new baseline
AI engineering basics aren't
a specialization anymore.
They're the floor.
13.
network your buttoff
7%
of applications are referrals
30-50%
of all hires come from referrals
4x
more likely to get hired when
referred
3 vs 6 mo
months to land a job:
networked vs cold applications
14.
in closing
startups arehiring
the market is alive
the skills are learnable
the rooms are open
move now