I think PDF is a good format for a developer's CV. You can control the layout, which gets mangled with things like word-processed documents, for a start.
The only time you'd care about having the text extracted in the real world is if you submitted your document to a recruitment agency through one of the big job portals, and to be perfectly honest, you're way less likely to get a job through one of those than you are targeting specific companies anyway.

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