[DeathArrow]

I am not sure how things work in US but, living in an Eastern European country, I can say that salaries started growing, almost reaching western european levels, after which many foreign companies closed offices and moved to cheaper countries like India and Pakistan.

[ido]

Where in Eastern Europe? At least from my perspective (I've done hiring at several companies, albeit just hiring individual remote workers rather than open a local office) developers in Poland and Czechia are still very competitively priced (less expensive than north/western Europe and A LOT less expensive than the US).

[aprilthird2021]

India salaries are growing too. The top end of Indian devs get paid more, in India, than many US devs at the lower / medium end

[brutus1213]

That's pretty weird. Usually, less companies mean less demand for labor. If supply is the same, that means price-for-labor (salaries) would go down. Unless, this was accompanied by people leaving (reduction in supply). Do you have an explanation for this?

[DeathArrow]

The salaries were growing. After that, some companies left for countries where they found cheaper labor.

[red-iron-pine]

no one is moving to Pakistan

[aprilthird2021]

It's a pretty common place to get outsourced devs from. But it doesn't have the conglomerate offices like India, so you have to do more to get a team from there. The people are basically the same so same level education, same-ish salaries, same English understanding, etc.