Yeah, remote work for US companies for US non-geocoded salary is the way to go for Europeans. Imagine getting 900k TC as an E7 at FB Menlo Park vs 233GBP TC (150k base) as an E7 at FB London, with approximately the same living expenses.

There is a bunch of US companies that do that and EU devs can get 200-400k while working from some <1500 EUR monthly expenses place in Europe. Not sure who would care about EU/UK/CH-based FAANGs with the salaries they offer in the EU.