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That was not my experience, having worked through 2 other bust cycles, everyone said the same things through those as well.
by kasey_junk 2y ago
That was not my experience, having worked through 2 other bust cycles, everyone said the same things through those as well.
- alephnerd 2y agoAs I mentioned in my comment, during previous boom-bust cycle, the leadership that had P/L responsibilities (Engineering Leadership, Group/Directors PM) would remain in the US. But after the COVID layoffs happened, impacted H1B, EB1/2, and O1 visa holders returned to their home countries, and then got rehired by the same employers but for $60k-130k TC (depending on country). A lot of mid-late career product and engineering leadership was laid of in 2020-21, and those guys have now founded the new generation of foreign offices.