I’ve seen from a very close distance several European companies move a big part of their operations to India. Have had close friends laid off recently and seen them struggle for months to find a new jobs. Plus, I see tighter freelance market these days.
This was unthinkable not long ago.
It's the typical Western management behaviour of knowing the cost of everything but the value of nothing
And then a few years later, when it doesn't work out, I saw them bringing it back.
Outsourcing seems to go in cycles, like fashion
Any manager that thinks he can beat the value of a single dev with a random ass sweatshop from india is delusional. The cultural difference is massive, quality and work ethics as well. It's a high friction job for a manager. Well at least if you expect a bit of quality and timeliness.
(Sorry for all indians that do a good job, it's just the sweatshop/agency remote software dev culture simply doesn't work. Even a european sweatshop usually delivers worse quality then inhouse devs.)
Stockholm was a natural point of comparison for me given that I used to live there until very recently.i have a decent picture of the dev market in Stockholm. Silicon valley is the most mentioned tech centre on here, and is therefore the American tech market I know the most about (even if my knowledge is very limited in this front)
i have to admit i was surprised by how much startup activity was going on in Stockholm in the last 20 years. but disappointed by how few startups don't get B or C rounds or get bought after their A or B rounds run out.