Leadership think developers no longer matter and they'll be able to replace them with AI in a couple years. So they are firing them all and spending all their money on AI. If you think they can't be that stupid and irresponsible, remember who took all the hiring decisions during COVID.
to some degree, yes. everyone is holding their breath for AI.
but WFH is also here to stay, and COVID proved it worked alright. not great, but alright, and alright is usually enough. been seeing an awful lot of job ads in Croatia, for example.
if AI won't eat it, send it to Mexico City or India or Eastern Europe on the cheap. you don't need a rockstar QA team you just need them to be mostly competent, and they cost 50% less than Big US City talent.