Get ready for a wave of outsourcing of everything from tech to bpo like the US labor market has never seen in the coming 6 months. Once employers go through the initial pain of setting up remote work, the more than 50%(and sometimes as much as 80%) cost savings will be irresistible. If you are not in government, healthcare, or other industry that does not have legal requirements to maintain a US presence and you work…
Time zones are still a thing. No matter how remote someone is, if they're more than a few times zones away it becomes problematic. More than nine timezones across the company is nearly impossible to do well. So if we're talking about a US company, if you want anyone on the west coast, hiring continental Europeans will be tough, unless one of those groups is willing to work outside normal hours. Also, taxes can be har…
Also, skill compatibility. Maybe your labor pool is bigger, but so is the employer pool of everyone with world-class skills in whatever domain you're operating in.