Well, yeah, management sees a weak labor market and imagines the ability to fire all those troublesome engineers. Remember, especially in recent years, tech management is made up predominantly of grads from a select set of "elite" universities, whose caliber is determined mostly by how rich the parents are. It's no surprise we're in a moment of extreme labor disdain. The idea engineers with years of education are as fungible as manual labor has been tried again and again with the same results. LLMs won't change that.