Too many companies see software development as a menial "cost center" while hypocritically relying on it on a fundamental level for operations.
While I see where they're coming from - the ROI from software developers can be rather opaque for many industries - these companies are often hellbent on hiring as cheaply as possible (in-house junior developers with no experience) and cutting as many corners as they can get away with, all the while accruing massive amounts of technical debt.