realitybit3z
Also people did that to avoid Dedovshchina
This one is really bad. I have waves of local grads begging for unpaid internships or work now. They all were AP students, good GPAs, good schools, "learned to code", took on 200k of college debt -- only to find the promised job is just not frigging there at the end of the line. Meanwhile, they are told there is a "massive shortage of coders" and see overseas workers hired into those same jobs. How do younger people trust the system anymore? Further, in light of this, why would any steel-worker (metaphorically speaking) want to retrain and learn to code if even the geeks learning to code face dismal outcomes?
there are like 4 factors besides ZIRP i've witnessed as a hiring manager
- Layoff or dont hire locals in favor of H1b/H4
- Layoff or dont hire locals in favor of Nearshore and Offshore
- Section 174 Tax code on software: https://blog.pragmaticengineer.com/section-174/
- More productivity via LLMs, Code Assist