The talent density highly depends upon the team. As with talent density the work life balance dramatically varies. For teams in India, it is viewed normal to attend meetings/calls post 8pm. No meeting Wednesday's are mere a wishful thinking but never turned a reality.
Layoffs has have happened consecutively for couple years in a row -- as with any organisation the view upon layoffs are highly subjective.
This could become a place of career stagnation for some and growth opportunity for others. The career progression is left with the hands of employee -- it is both a positive and negative. The iteration cycles are slower in relation to the AI era.