I think almost all of tech is bloated and massive layoffs wouldn’t phase most companies (though it would be harmful to people’s lives so it seems cruel to do this). Fewer people per teams means less context switching and devs own more. They don’t have to look for work, it will be in front of their face. In so many of these big tech companies I’ve worked at I’ve seen too many not having enough work to do. They end up creating meetings and other wasteful things (doc writing) to occupy their time. Managers and directors seem to want big bloated teams, the larger their head count the more they can demand and push for a promo.