I unfortunately have been in enough situations where team sizes get to shrink, unless there is some escalation going on.

First it was offshoring, then managed cloud environments and servless, followed by ready made SaaS products, low code/no code iPaaS cloud products, and now agentic runtimes.

The ones doing content translations, asset management were the first, followed by classical infrastructure people, then most backend roles, and so it goes.

Not everyone makes the transition. In the rise of AWS, someone I know's last task at this one company, a company they'd poured their heart and soul into; it was to move everything off the on-prem servers that he'd procured and the company had been running in for years. He moved it all onto AWS, got rid of that hardware, and then he was out of a job.