I think this is the hugest news yet. It suddenly opens the pool of candidates to all across the country. I expect other tech giants will follow suit. Those who previously can't afford or don't want to live in big cities like NYC/Seattle/SF because they are older, have families, or various other reasons now are included in the candidate pool. This can go two ways: either the local software business will have to compet…
I think you are overestimating the size of the eligible labor supply increase. Just for Google, for 2017-2019 the number of H1B workers sponsored was 22k. For the same period the increase in number of full time employees was 40k (couldn’t find the figure for US only but fair to assume majority is US-based). So more than half of the new employers are supplied internationally. Does the geo-unlocked US supply pose a sub…
I do agree that this expectation that one sitting in Ohio will command the same salary working for a FAANG company is just wrong. Very likely, the companies will adjust their salaries based on where the person is.