Honestly, there's no need to hire more developers right now. With AI, one developer can handle the workload of five or even more, so hiring more doesn't make sense for the business.
That's the kind of thing that a non-technical manager would say and put a huge amount of pressure on software developers to be X times more productive, using tools that actually make them less productive in real world conditions. It's quite diabolical, if you ask me, to have people that can't even grasp or understand what these tools are, but ask people to be more productive. It's like putting roller blades on horses and expecting them to be 5 times faster.
Thats how we can tell you are not a developer without saying you are not a developer.
Maybe if your devs are building React components for ecommerce websites. But if they are building automotive or flight control software - good luck with that!