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.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!