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This doesn't make sense though unless your company isn't growing. Most dev teams have large backlogs of work and any increase in productivity can lead to an increase in revenue generation.

Programmers aren't paid to generate code. They're paid to figure out how to do X Y and Z business initiatives. Unless you don't have that many initiatives, how much sense does it make to let go of the people who can do that for you? It makes sense when companies are trying to cut costs, but that happens when the cost of borrowing is higher than the realizable profit margin



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