I bailed on a small local company in early 2021. I checked in with how they were doing recently. They laid off all the local developers, minus management (of course). They're hiring exclusively in Africa, the Middle-East, and South America. My current company has done the same thing by emphasizing that we're only hiring in our EU office. I've not seen many US based roles unless they are customer support related.
It is predictable that remote work would lead to another wave of off-shoring. The question now is whether or not these companies can actually innovate with a remote, largely foreign workforce. We've all seen the abominations produced by offshore teams. Moving to a fully remote foreign workforce may be short-sighted.
