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This is absolutely ridiculous. It's not a solution, and I'm certainly not advocating this, but you may see some "creative" job descriptions ameliorating this issue. I have worked in various industries where capital improvements magically turned into ordinary expenses come the end of the year. This seems analogous.

We may see a massive shift to 'contractor' work too. People fired but then re-employed as a non-employee on higher day/hourly rates, but with fewer rights/benefits to circumvent the tax.

And/or U.S. companies looking more to Argentina, Colombia, Philippines - where talent is available at a fraction of the cost. Definitely "squeeky-bum" time though, if the guidance stays as-is.

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Yes. In fact that's a better solution than what I metioned. There will be workarounds, but it's still emblematic of the U.S. turning away from paying lip service to a business friendly, free market economy and fully embracing socialism.

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And/or U.S. companies looking more to Argentina, Colombia, Philippines - where talent is available at a fraction of the cost

Egyptian devs are actually my fav:)

Guys, working with people from other time zones earns you extra time too! Imagine when you are sleeping, others doing the work, and then when you wake up, things are done:)!

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It certainly works well for me.

Can be challenging when you have a 12 hour inversion of time zones though, as you very rarely get any face to face time with your team.

After finishing your day too, you need to line-up theirs & make sure you “pass the baton on”, which can lead to staying later. But the benefits drastically outweigh the drawbacks.

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