Since this is a personal interest of mine, I decided to look into his work a bit more closely. There are several mailing lists at bufferbloat.net, where I found to my surprise that Eric S. Raymond is a contributor. (I guess I should not be too surprised, since a lot of the work is being done on Linux, but I didn't think he was interested in this sort of problem or project.)
I would love to work on something like this, because during my last year at SRI and grad school, it was my favorite project. Unfortunately, I have not seen any job postings for this type of work. (Granted, I have seen postings for other types of performance analysis/tuning work. I've applied for those that match my background, but have either gotten rejections or heard nothing from those companies yet.) In my experience, most companies don't recognize this as a problem, or choose to pursue it in different ways (such as buying faster links or routers). There are, of course, many algorithms that run in devices that do queue management, packet marking to signal congestion, etc., but there are very few open positions. Also, since I have not done anything like this in nearly 20 years, I'm very rusty, as compared with people who work on it regularly.