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by lolinder
892 days ago
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Does anyone know to what degree the Section 174 changes are responsible for this market? It's been brought up separately in a few venues with dire warnings, but I've rarely seen it mentioned when people are talking about the current job market. |
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Before I switched to my current career, I was a PM at a pretty large software company that had a massive layoff in our US HQ and pivoted hiring almost entirely to Eastern Europe, Israel, and India in anticipation of this.
Nowadays we only hire a handful of strategic roles in the US - everything else R&D wise is abroad. Other peer companies in our sector did the same.
We had other considerations too (eg. Lack of RoI on US talent) but 174 was a driving factor