This isn't true at all if you're working on maintaining a web app. When ease of hiring and getting tasks done quickly have become the priority it's because the business has let too much work pile up. It has very little to do with the money unless it's a small startup.

Frontend skills are misunderstood by most of HN because it's a hard role that directly involves business and product wants. There's a ton of hiring (and firing) because it's not easy to find the right people who can communicate about the work clearly with non-devs, navigate the office politics, know what to push back on or when to ask questions, and still write good code.