1. Most large US companies have developers outside US too. 2. Inflation is high the world over and central banks have hiked rates everywhere. 3. An individual

1. Most large US companies have developers outside US too. 2. Inflation is high the world over and central banks have hiked rates everywhere. 3. An individual company has a negligible impact on unemployment figures. If you're thesis was actually true, it makes no rational sense for a company to layoff workers.