The skills shortage can have a negative impact on many aspects of a business. Morale can go down as the team in place struggles to keep-up with their work load, the cost to hire goes up as each day and week passes and perhaps most importantly your ability to innovate and grow sales is impacted. I recommend that you develop a comprehensive tech talent acquisition & retention strategy. Until that is in place here are a few quick ideas on areas where you can focus to try and improve the situation.
Review your requirements for workers and remove those you don't absolutely need
Increase the salaries of critical positions to make them more attractive
Be willing to train employees
Be prepared to wait longer to get top talent
Expand your recruiting efforts to another location, where talent is less in-demand