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I've been feeling a similar undercurrent. Project scope seems to be expanding while resource allocation remains stagnant, if not shrinking. It's definitely leading to longer hours and a general sense of pressure across the board. The departures you mentioned are also concerning, especially when talented folks start looking elsewhere. It makes you question the long-term stability and direction.
Interesting observations. While I haven't personally experienced the stretch you're describing, I have heard similar whispers. It's easy for morale to dip when workloads feel unsustainable. Hopefully, it's just a temporary crunch and not indicative of a larger strategic shift. Keep us posted if you hear anything more concrete!