alt Hacker NewsFAANG employees here are cheap to hire. They work very hard to remain rich or become rich from nothing (50-60LPA will basically make you rich in 5-6 years if you save and invest well). Leetcode grind and competitive problem solving is Indian childhood bread and butter these days. And given how much househelp exists in India this kind of model is perfectly suited to be outsourced to young and middle aged Indians who have virtually no life beyond CTC anymore.
I’m just surprised it took them this long to outsource.
The risk of course is people start their own companies learning from big tech and Indians get more UPI like tech.
If the Democrats were smart (they are not) they could landslide next election (and 5 more) by running a simple campaign, “Americans First,” the core of which would be to slap 1000% tax of any job which is outsources. Your company wants to hire someone from X, for every dollar paid in salary you have to pay $100 to the IRS.