From this it sounds like they might have changed the primary loopback IP, which by default is the "router-id" for various routing protocols, causing the entire network to have to reconverge. You can override the default router-id with an explicit address that does not depend on lo0 but lots of networks don't do that.
It's extremely uncommon to change the primary loopback address. It's less uncommon to add an additional one but as the article says that syntax varies by vendor: Juniper will add as additional by default, Cisco and Arista will replace the existing primary one (IPv4) unless you include the "secondary" keyword...