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The Pentagon has said that 50% of Russian combat power was committed in Ukraine. At the height of our wars in Iraq and Afghanistan, we were about 29% committed. And it was difficult to sustain that.
This plays directly into the discussion of the encirclement of Kyiv. Russia does not have the manpower or firepower to encircle the Ukrainian capital, let alone capture it. I have been to Kyiv several times. I was there in Kyiv five weeks ago, met President Zelenskyy. It is a very large, dense major urban center on the banks of one of Europe's largest rivers. It is a difficult, complex urban terrain.
The Ukrainians are going to be able to keep it open and prevent encirclement, especially if we can get the flow of weapons and ammunition up to the levels needed. There will be, unfortunately, be increasing attacks on the city by air and ground systems, and many more innocent Ukrainian citizens will be murdered, injured, or displaced. But I don't believe it will fall.
Russia's dilemma is only worsened by its combat casualties. Although I am always skeptical about enemy body counts, I do believe the numbers of dead are in the thousands (possibly in the 5,000-6,000 range suggested by US sources) and the numbers of wounded much higher. The modern battlefield is extremely lethal, especially for poorly trained or disciplined soldiers. These are very high numbers for just the first two weeks of war and many come from Russia's elite units they are hard to replace (and the Kremlin won't be able to conceal these losses from the Russian public and all those for long.)
Reports of low morale, dissension between commanders, mutiny on at least one vessel, desertion, and so on, all within the first two weeks are indicators of major manpower problems.And in pure numbers, the Ukrainian armed forces still outnumber or closely match Russian forces actually on the ground in Ukraine.
There is no suggestion that the Russians have big units lurking in the woods somewhere (and the Pentagon has said it sees no signs of significant reinforcements.) So it's apparent that the notional 900,000 strength of the Russian military is a hollow number. Their public call for 16,000 troops from Syria and elsewhere indicates this. Employment of "stop loss" by Russia on conscripts whose time is about up is another indicator. The Ukrainian diaspora is flocking home to help the fight; Russians are not coming back home and indeed, many are leaving to avoid Putin's fight.