That's exactly the point I was trying to make, that the former H-1B individuals will be hired to work at these new facilities in their homeland instead of bringing them to the bay area, as they no longer have physical working spaces here due to Covid-19 office closures and remote WFH for the foreseeable future.
Tech companies can then divest their expensive bay area real estate and shrink their HQ footprints to be a more global workforce and at the same time establish themselves in India and create custom hardware fabs away from Shenzhen and China, with lower cost savings of labor in India.
This will lower their H-1B hiring and talent acquisition costs drastically and the best and most talented H-1B's can instead work from the comfort of their home countries (e.g. India).
Thoughts?