Outside of the HN echo chamber, PHP is still what drives a lot, probably most of the web. Wordpress alone accounts for 30% of websites [1].
That translates to easy access to labor for a lot of companies. If you want a quick web app stood up, you can have your pick between a few hundred thousand hungry PHP devs or the three node.js devs that are currently considering being available for new work.
...'course, a lot of those cheap PHP devs will turn out some horrifyingly bad code, but that's not PHP's fault, and most businesses don't care.
[1]: https://venturebeat.com/2018/03/05/wordpress-now-powers-30-o...
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