Facebook is also aggressively expanding in expensive markets like NYC. So it looks like they aren't all-in on arbitrage.

Google too: they just bought a large new building in NYC, yet they're also growing a lot in markets where they pay much less (e.g. India).

Very curious how this will play out over time.

They definitely ARE all-in on arbitrage. The FAANG megacorps are all pulling in upwards of $2M in revenue per year per coder on average. So what if some of them cost $600k/year?

How does that work with the recent 'they need to return to the office' + anyone remotely working for Facebook outside the US will never make hundreds of thousands as a developer.

Facebook announced they would allow all employees to work remotely a few months ago. Pay is location-adjusted.

That's exactly my point: a dev working for Facebook in Hungary will probably make decent money but it will still be a fraction of what he could be making in the US..

I was mostly responding to:

> the recent 'they need to return to the office'

Which is counterfactual, unless I totally misunderstood the statement.

> Pay is location-adjusted

This is why I'm not responding. I have a feeling their Canadian offers won't look anything like the article suggests.

The rough estimates I’ve seen are: $100k USD in MPK becomes about 85k CAD. But also I think they just don’t fill as senior roles in Canada so the upper limit is lower. If you want to make more money, I think it’s worth a shot -- if the offer is bad, you don’t have to take it.

Money talks, bullshit walks as they say