AI Layoffs vs. Job Boom: Tech Market Splits, Entry-Level Struggles Amidst AI Surge

• Software engineering roles surged 30% to over 67,000 openings, highest in three years, driven by AI demand.
• Simultaneously, over 52,000 tech job cuts occurred, marking the worst start to a year since 2023.
• AI is fueling hiring for specific talent, with companies seeking engineers to build AI-powered products, not replace them.
• Entry-level roles are hit hardest, with rising barriers and increased unemployment for recent computer science graduates.
• Salaries for experienced AI-focused engineers are sharply climbing, creating a two-speed job market.