3 ms·
Do we have full understanding on how this impacted the tech jobs? There may be other forces at play ie the availability of global workforce to compete with dome
by la64710 2y ago
Do we have full understanding on how this impacted the tech jobs? There may be other forces at play ie the availability of global workforce to compete with domestic workers of USA through remote work. Previously it was about outsourcing but now any 2 bit startup can easily have a bunch of devs sitting overseas and have a 3P company as their EOR. All the benefits of having an office overseas without any of the associated headaches. And to top it off over 20/25 years of continuous training and empowerment of global workforce have made them not only competitive but relatively superior and younger. So I am not too hopeful that this interest rate cut will really help the domestic US tech job market. I earnestly hope I am wrong.