To me it seems that large US tech companies had a start-up behaviour until the last years (massive hiring, ambitious goals and VC money). This fades away relatively fast now and they cash out their investments.
Another reason might be the low potential of the new generation of graduates (see lower math scores and possibly IQ). They might have interviewed some and are disappointed and unwilling to hire from this pool.
Last but not least comes the current trend to substitute humans by LLMs.
Another reason might be the low potential of the new generation of graduates (see lower math scores and possibly IQ). They might have interviewed some and are disappointed and unwilling to hire from this pool.
Last but not least comes the current trend to substitute humans by LLMs.