>>60890885
Jonathan Blow called this many years ago.
>https://youtu.be/xHKD1k_ZjPg?si=1tbKZirm3EDAEBm-
TLDR: Companies massively over-hired, either to signal growth or because they ignorantly believe in The Mythical Man Month (the idea that throwing more bodies at a problem = more productivity). Then lean times started and companies who were looking to trim some fat said,
>hmm maybe we don't need 1000 engineers to work on a single web page