US labor market preferences have forced employers to offer WFH options. There is only upside to an employer expanding their candidate pool internationally.
Most folks I know are starting with LatAm as there is no meaningful timezone difference to contend with.
This won’t be issue while the global demand for software engineers stays high, bolstered by monopoly businesses paying “whatever it takes”.
But when demand softens: get ready to compete on a level playing field with the best of the best from around the world.
I say that because I think this round of outsourcing is driven by a flight to quality - not cost cutting. Imagine what happens when companies offer US wages to someone in a less wealthy country. They’ll get the top 0.1% of the labor market.
Many companies were dragged kicking & screaming into WFH. But now even the laggards in remote work have developed a culture and processes to make it possible to begin offshoring their operations.