Sure, but clueless leadership is not a new thing. While big companies with structural moats can shamble along with a surprising amount of dysfunction (which is why they tolerate so many muppets in middle management), even they rely on some baseline of system integrity that will erode pretty quickly if they let go of the people who know how things work.

Don’t get me wrong, I think SWE headcounts will reduce over time, but the mechanism will be teams that know how to leverage AI effectively will dominate ones who don’t. This takes more market cycles though, and it’s even hard to nail down the specifics of these skills with the speed agentic coding tools are currently evolving. My advice is make yourself part of the second group, and worry less about bad management decisions that are inevitable.