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> They should also be changing jobs when the effort to reward ratio starts to become unfavorable compared to other jobs on the market.

The problem here is that all tech companies look alike. Take for example the interview process (copied by almost any company out there that thinks they are google). Another example: the under/meets/above expectations BS. And now the most recent example of “token usage as sign of productivity”.

So, it’s getting tremendously difficult to simply switch jobs that offer something different

My experience couldn't be more different. The tech companies I've worked for in the past 10 years have been so completely different from each other, from interview process to company culture, that I can't agree that all tech companies are the same.

You can also look to change to different roles (product management, even sales) or jump to a different career completely.

There are options if you look. You're not going to find a dream job that pays $600K for 4 hours of no-pressure work per day and perfect coworkers, but there are a range of job options with tradeoffs along the compensation-effort pareto front.