People walk in the commercial center of Sao Paulo, Brazil amid the Covid-19 pandemic. The remote-work revolution has led some US technology companies to seek new hires in Latin America. — Zuma Press/TNS
The remote-work revolution has led some US technology companies, from startups to Coinbase Inc and Shopify Inc, to seek new hires in Latin America – where they can find qualified people in roughly the same time zone who’ll work for much lower pay.
It’s a logical extension of the pandemic work-from-home drift away from hubs like San Francisco and New York to less expensive locations – including across national borders. And the way currencies have shifted in the pandemic is only reinforcing the trend.
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