alt Hacker NewsThis is exactly right IMO. I have never worked for a company where the bottleneck was "we've run out of things to do". That said, plenty of companies run out of actual software engineering work when their product isn't competitive. But it usually isn't competitive because they haven't been able to move fast enough
I think it depends on:
A) how old the product is: Twitter during its first 5 years probaby had more work to do compared to Twitter after 15 years. I suspect that is why they were able to get rid of so many developers.
B) The industry: many b2c / ecommerce businesses are straightforward and don't have an endless need for new features. This is different than more deep tech companies