Anecdotally we haven’t hired junior engineers in over a year and do not plan to.
All our good ideas come from senior level people drawing from a rich history of experience and bold vision.
While experience is important, it also creates blind spots as it's quite hard to have every experience about a particular topic unless you have been working on that tool/stack alone for decades.
Used to have an “academy” where we pick people up from first year in uni and get them to learn from zero.
Haven’t had one in ~3 years, no plan to.
Also half the company was downsized.
No hiring in 3 years, cutting tons of people and tons of people leaving, we’re now at a point where in the tech i work in, our most junior person is a senior with about 10 YoE