The Impact of Mass Layoffs on Software Development

Mass layoffs in tech companies have led to concerns about loss of institutional knowledge and increased workloads for remaining employees. Laying off a significant portion of engineering staff can result in longer incident remediation times, fewer bugs being fixed, and an increase in technical debt. The remaining engineers may need to take on tasks outside their current skillset, leading to a challenging work environment. Additionally, the loss of specialized knowledge can affect ongoing projects or future plans, making it difficult for companies to maintain their competitive edge.