[itronitron]

I think most people think oversaturated means that there are a lot of developers available that qualify for a given position. However from my experience companies are listing open positions as a means to fish for top candidates when the companies don't actually have funding slotted for those positions.

The experience for the candidate is that they make it through all the gates and then get ghosted while the hiring manager is stalled by their bosses to approve the hire. That has happened to me often enough in the past three years that I now just think of interviews as an opportunity to meet other nerds.