That's not what i am seeing being played out at a big corp. In reality everyone gets thrown under the bus, no matter if c-level or pleb if they don't appear to know how to drive the ai metrics up. Just being a PM won't save your job any more than that of the dev who doesn't know how to acquire and use new skills. On the contrary, jobs of the more competent devs are safer than those of some managers here who don't know the tech.