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yolovoe | 1 year ago
I used to work at a SF startup before the FAANG about 4-5 years back. All the engineers there have unfortunately been replaced with those in LATAM too. LATAM engineers were making like $80-$90K in USD, which is apparently really good money there, whereas US engineer asked for base pay twice that. So it seems like a win-win deal for the cofounders and LATAM engineers.
Just not so great for those of us in the US.
addicted|1 year ago
Whether working collaboratively in an office was beneficial or not, employers certainly believed it to be so. They believed it so much that employers, pre pandemic, were willing to hire employees a single time zone away from SF, and then pay them a significant one time amount along with a much higher annual salary to relocate them to SF.
This belief in higher productivity when teams were geographically collocated was the entire basis for which employers were willing to pay American employees several multiples of what they would pay employees abroad.
But the same employees who were benefiting from this decided they didn’t want to keep that advantage anymore.
And now since WFH has become the norm in the US, employers are realizing there’s no need to pay to keep employees in the U.S. and outsourcing to significantly cheaper locations instead.
xienze|1 year ago
“Whoa we can do this cheaper in another country???” is not a new phenomenon. Companies have been trying to do this for literally decades at this point. The reason so many jobs still exist in the US is because it doesn’t end up working that well. I’m not _that_ old and I was around at IBM for two separate rounds of “outsource-it-to-India-no-wait-bring-it-back” and IBM was and still is very keen to ship everything overseas.
I’m not saying it won’t eventually stick, but I think it’s important to dispel this notion that WFH made everyone have this sudden epiphany that US workers aren’t necessary anymore. It’s been going on for ages.
potamic|1 year ago
CalRobert|1 year ago
lnsru|1 year ago
kavalg|1 year ago