A late-2026 snapshot of technology hiring finds a widening gap between job openings and actual hires, with product managers faring better than other core roles. PM openings are up 75% from their March 2023 low, and PMs now make up a larger share of tech hiring, though hiring itself has not risen. Engineering openings have nearly stopped growing, while U.S. software-engineer hires have fallen every year since their 2022 peak. Forward-deployed engineering and security are bright spots; mobile and front-end demand has dropped sharply. Design is under greater pressure: product-design openings and hiring are at record lows, with 3.8 PM openings for every design opening. User research has fallen even harder, and the analysis suggests faster product cycles and research tools usable by non-specialists may be reducing demand for dedicated researchers.
AI skills are spreading across job descriptions: LLMs lead PM requirements, Python and AI are rising for engineers, and Claude and Cursor are gaining ground among designers, alongside continued demand for Figma. Tech hiring is also becoming more geographically concentrated: the Bay Area holds a record share of openings, while remote roles are at a record low. The analysis draws on global job listings across more than 9,000 tech companies and U.S. employment changes covering 124 million professionals. It announces that overall tech-market growth is occurring mostly outside software, but the available text ends before giving the supporting figures or details.
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Colette Kress was named Nvidia’s interim CEO after Jensen Huang resigned amid revelations about extramarital affairs. Before his departure, Huang criticized Kress and questioned Nvidia’s risky financing deals as the company faced mounting commitments and competition from alternative chips. (wsj.com)
Nvidia allegedly funded AI startups and small cloud providers that then bought its GPUs, sustaining demand and helping move excess chip supply. CFO Colette Kress reportedly warned that the deals were risky because some buyers could not afford the GPUs. (techpowerup.com)
London quant hedge fund Quadrature Capital earned $8.7bn in trading profits and paid more than £1.14bn in UK corporation tax last year, exceeding the tax bills of Barclays and HSBC. The firm employs 246 people and uses machine-learning models for trading, while managing only its founders’ capital. (ft.com)
Autonomous Technologies Group is hiring a member of technical staff to build AI agents that manage wealth. The Brooklyn-based company seeks curious people from diverse backgrounds to create systems that think, reason, and act. (atg.science)
AI makes prototypes easy, but replacing mature CRM and compliance systems takes years of handling edge cases and operational risks. Buy established software outside your competitive advantage rather than underestimating the cost of building and maintaining it. (lipeles.com)
More than 1,600 comments have appeared on an Nvidia employee suggestion-box post urging the board to consider staff sentiment after Jensen Huang’s resignation. Several commenters called for Huang to return as CEO. (daringfireball.net)
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