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If this where true then the labor would be gobbled up by the market regardless of how the labor in the U.S. feels. So the obvious question is, if you're so worr

• ChuckNorris89 4y ago
  It's happening very slowly but it's happening. In my Eastern European country tech wages shot up immensely after the Covid WFH boom thanks to American companies hiring here a lot. In the US 80k+ is a bottom junior wage but here it's a king's ransom considering the lower taxes and lower CoL, so there's talented seniors willing to grind long hours and work on US timezones for that kind of cheese. I assume it's similar in Latin-AM and Asia. So far it probably hasn't noticeably impacted US wages as there was an endless stream of free money pouring from the sky which enabled tech companies to keep hiring mostly US talent and grow much faster than off-shore talent onboarding could reliably be done, but now that the negative rate money printing bonanza is over, and the companies figured out how to better work fully remote and how to screen for quality off-shore talent, US companies without the massive war-chests that FAANGs have might focus more on talent from abroad to stay profitable. Just my 0.02$
  • deleted 4y ago
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• rtp4me 4y ago
  It already has happened. In the big tech companies I worked for, adding new headcount always seemed to come from outside the US. Even today, many of the senior leaders come from India. Not to mention the people with Visas.
  • ta1243 4y ago
    Why do they need visas if they are remote workers?
  • downrightmike 4y ago
    My overlords banned hiring any Americans in 2020 and have whittled the Americans on team to less than the minimum to be successful. Like we have a email security team that has one guy and one consultant. And we keep getting more non-US personnel, "They are cross trained on everything", Yet they don't know how to do basic tasks that users can do and have been around for months at least. I gave them the training docs, but they never bothered to read them. If you're brought on a 'Senior', RTFM. Writing on the wall. This latest RTO push seems to be designed to get rid of as many Americans as possible.
    • tristor 4y ago
      Sounds like so many large enterprises in the US, I can't tell which company you're referring to. Unfortunately, workers aren't actually fungible, in tech and non-tech roles, and whether the worker is an American or not isn't actually important, but it acts as a bellwether for how seriously invested in the role company leadership is and how stringent the hiring process is. Nearly every major company and all the core infrastructure of American society is crumbling slowly as the oldest members of society extract any remaining value through financialization. Everyone under 40 is pretty fucked, and foreigners taking your job is the least of the problem, because even after that happens it continues to get worse because the basic services of society you rely on also crumble as they're taken over by uninterested and unaffected third-parties.
      • downrightmike 4y ago
        We're clearly a cost center that leadership doesn't care for, but can't make any money without it working, so...