Sure they did, or at least the ones who survived did. Offshoring went from the thing that was going to kill the US Software Engineering industry to a fairly minor portion of it with US based engineers being even more in demand than they were before
The 60 is mostly farshore, unless you are a high priority project in which case you get nearshore. Rumor is it’s expanding, Vietnam can do copilot just as good as US; requirements are written in English. They’ve started shipping Vietnamese tech leads here under visas, they alone interface between Product/eng leaders and the low-English teams. For all the Merika! I hear on the news, I certainly am not seeing it in the workforce.
Huh? Offshoring is a fairly major component of my employer's workforce, and the US software engineering staff has dwindled (along with a lot of other departments). We moved into a much smaller building recently.
Now we work on godawful blended teams with the worse time-zone difference possible (initially projects we either all India or all US, until the power that be felt the need to push costs down further).
It's the same at my friend's employers, if they're of any size.
Your employer is not the only employer.
It just think it's pretty unbelievable that offshoring is a "a fairly minor portion" of the "US Software Engineering industry." It didn't totally kill it, like some overly pessimistic (or enthusiastic, depending on their perspective) people may have predicted, but it would take a lot of evidence to convince me it's not a major part of it.
2. Off-shoring didn't go away, sure, but it's pretty costly because you have to constantly translate culture differences, time differences, etc. Also reading code is harder than writing it, so just dumping more people to write code doesn't help much.