It's horrifying, all right, but not in the way you think lol. If you don't understand why this isn't a brag, then my job is very safe.
My company, and few others I know reduced the number of managers by 90% or more.
And then admins/unix/network/windows/support team, nobody replacing those anytime soon. Those few PMs left are there only for big efforts requiring organizing many teams, and we rarely do those now.
I don't like it, chasing people, babysitting processes and so on, but certainly just more work for me.
If you wouldn't mind reviewing https://news.ycombinator.com/newsguidelines.html and taking the intended spirit of the site more to heart, we'd be grateful.
I've taken great pains to get by with as little code as possible, because the more code you have, the harder it is to change (obviously). And while there are absolutely instances in which I'm not super invested in a piece of code's ability to be changed, there are definitely instances in which I am.