the sad reality of open source software development
In short: folks love the amazing decentralised encrypted comms utopia of Matrix. But organisations also love that they can use it without having to pay anyone to develop or maintain it. This is completely unsustainable, and Element is now literally unable to fund the entirety of the Matrix Foundation on behalf of everyone else - and has had to lay off some of the folks working on the core team as a result.
https://matrix.org/blog/2022/12/25/the-matrix-holiday-update-2022