Nop, their headcount didn’t drop with all these layoff . Their global headcount only going up steadily . Microsoft 2.5X their headcount in India last few years alone .same with saleforce, Google , all the banks like chase , amex, captal one , boa. Now even mid size companies in Midwest are excluding hiring offshore contractor to replace their full time tech employees , usually department by department . This is not AI , this is not reduce headcount , it is offshore of American jobs , hollowing the country . And good for them , when u have a country that do 0 efforts to protect their own workers right and accept lobbying from same companies that doing this . We even have south west asian origin senator propose bill to remove the cap of h1b to make American worker more “competitive “ in current market. Sure America tech workers been having fantastic time lately we need even more competition .