The irreversibility of evolution is a basic tenet. That is because biology remains descriptive, preventing us from observing reverse evolution. But when the processes of evolution are seen as step-by-step changes in cell-cell communication (Torday JS, Rehan VK. Evolutionary Biology, Cell-Cell Communication and Complex Disease. Wiley, 2012) reverse evolution is not only possible, but probable. After all, we know now that whales and seals evolved from hippos and dogs, going back to a water existence after having evolved from fish for terrestrial life.
The mechanism of heterochrony, for example, when seen from a cellular-molecular perspective, can be use to understand such a reversal (see attached). Under environmental stress conditions, physiologic traits revert to their ancestral form, but if and when the environmental conditions change, the organism will adapt by changing its physiologic characteristics accordingly, or become extinct.
Jean Guex has elegantly described reverse evolution in his monograph "Retrograde evolution during major extinction crises" (Springer, 2016).