The job application process varies immensely by position and profession. For a junior developer there are hundreds of new listing each day but hundreds of qualified people applying, so the company has all the power and your comment would be true in that context. For a very qualified senior dev, there are dozens of positions posted each day where the company is truly set back until the role is filled, with only a handful of qualified people applying, so the senior dev has a lot of power.

In another profession like say a specialized electrical engineer, there may be only a few positions posted a month and a handful of qualified people so both the engineer and the company would be desperate that they could together be a fit.

This story was about an anecdotal experience where the power dynamic was fairly equal