No better or worse than before, IMO. It's a pendulum that keeps swinging back and forth. Cost cutting leads to outsourcing, which leads to reduced quality and or output, which leads to people coming in to grow and revamp, which comes back to hiring local, rinse and repeat. I'm mostly convinced great and established software engineers around the world already do well for themselves. If you're cheaping out on salaries,…
Yes, but do you think you'll get proficient developers on the west coast for just 200k, when unicorn startups and FAANGs pay at least twice that for great people?
For the fully loaded cost of one really good developer in the Bay Area (400k) you can get four equally good developers anywhere in Europe (I'm not even talking Eastern Europe here), who will happily shuffle their schedule to accomodate a few evening zoom calls or reply to a few mails.
The talent pool in this industry is global, and it's extremely hot everywhere, but ignoring purchasing power parity is just self-deception.