Because people are afraid that they won't be able to command 350K a year salaries anymore. The fear is that the "good old days" of SV salaries are over is being materialized.
Imo its overdue, but I also am perfectly happy making an average salary in a HCOL area, with aspirations to move to a low or middle COL area.
I live in a low cost of living area and get the good and bad of my choices.
that's a common technical people pitfall. politics permeates society, and ignoring it is only to your own detriment exposing you form exploitation of those whom play the political game, of which you most assuredly participate in, whether you want an active role in it or not.
In one view, the one I had for a long time, companies are free agents. They can set up where they want, come and go as they please, hire and fire at will. They add value by creating jobs and profit and society should be thankful for that.
A different view, one I hear a lot in the more intellectual conservative circles (Brexit and some Trump supporters), is that companies have a duty to their people, and society at large. They should train people (through apprenticeship, rather than strip-mining universities / the local market), try to promote stability, avoid huge disruptive layoffs, etc.
I used to think the first but have come around to the second a bit.
No, it's a pitfall people fall into when they read politics into any topic.
Politics permeates society, and by design.
Also this thread is about employment and moving jobs across countries, which is an extremely politically changed topic.
that quite literally requires reaching compromises in place of whatever optimal mathematical solution may exists.
[1] including people that might want a certain solution to be implemented _and_ fail. they do exist, especially in older groups where the power structure is fragmented and the dynamic dysfunctional.
These decisions have externalities both positive and negative. "Divorcing politics" means ignoring those externalities. It is unlikely to happen.
I have come to realize that the only people who ever say this are people with no skin in the game, i.e., who aren't in the gunsights. I suspect (actually, know) you'd feel differently if you were training your own replacements just prior to your unemployment.
I've decided that's it's a personal decision to a company. Many find benefits in having some teams in India or Asia, some don't so they don't. We should really divorce politics from this discussion. I'm ok with company A saying they like Indian devs and company B saying they enjoy the benefits of keeping it in their geographical area. I've seen outsourcing backfire. I've seen it succeed. I've seen team leads emerge in India and direct an entire product from 10,000 miles away. I've also seen dead weight that I had to go out of my way to get productivity from. You see it all and you'll get it all, so why the fuss?