I've always told my coworkers and friends that the programming language doesn't matter at all (despite I don't think there's anything wrong or worse than alternatives in modern PHP). What matters is the frameworks, libraries, ecosystem, editor support, available talent, culture around it, etc. And PHP (and the Laravel ecosystem) is rock solid in that area, the best by far. I'm a frontend dev at a pretty big company, but before this I worked on a Laravel + TurboLaravel (Hotwire, etc) and it's just incredible how easy and quick it was to build and maintain things.