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Anecdotally in my company we have observed a far lower incident and outage rate since we moved to complete Agentic coding.

The extra velocity has meant we move considerably faster than the product team, so a lot of that extra dev capacity has been channeled into improving our tests, verifications and automated review processes - so hardly anything is slipping through the gaps.

This is the opposite of what I expected when we started working this way. One of the concerns we as a team raised was that it would lead to more bugs and lower quality but after 6 months the opposite appears to be true

Any engineering layoffs? Still hiring? Frozen?
Have seen that as well. A ton of the extra eng productivity has flowed into better eng practices