Source: Bloomberg (paywall)
UK companies are expanding senior software and IT positions where AI tools amplify institutional knowledge and decision-making, while contracting junior roles that performed routine coding and infrastructure tasks. This inverts the traditional tech talent funnel where companies hired generously at entry level—junior engineers are now redundant to AI-assisted workflows, but experienced builders who can architect systems and manage AI's limitations remain scarce. The shift pressures tech bootcamps, early-career pipelines, and senior wages as demand consolidates upstream.