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From my perspective it is the latter. There have been some significant recruitment efforts this year again, and so far not much has materialised from them. The project is not in a terrible place manpower wise either, it managed to attract some great talent the past few years. It is clearly getting harder to get new graduates to be interested in it, and with the past decade it has spent on the market already, many established developers that would be interested in it, are already captured in its orbit, or moved on to other things.