Yep, same here. We architected our services so that a common layer could be used which reduces service duplication but still we have over 700 projects for just one company doing end-to-end ecommerce and fulfillment. At some point you even start running out of names so you end up with people using acronyms from their specific fields which quickly ends up being unfindable. Not because of search but because you no longer know what to search for.

Actually, it doesn't even have to be microservices. At my current workplace we have over 1000 projects in our Gitlab. And many of those projects are a collection of up to 20 libraries.