If having to file for 10 H1B visas now costs the same as the amount of FDI needed to get $10-20k per head of tax subsidies and credits across CEE and India, the math to open an office abroad just became justified for every business.
The smallest companies that don't have visibility in the market maybe could try and do it (dangerous risk) but the larger companies that have a lot to lose from headline risk will be at significant risk.
Like the executive who only thinks in short term budget will go ahead and do this -- the executives who think maybe 2-4 years down the road will realize its a trap.
Google [0], Microsoft [1], and Amazon [2] have continued to make headline making investments abroad despite Trump being in office.
And these size of companies are large enough that they can eat the litigation cost, becuase it is significantly cheaper to completely offshore.
And in all honesty, the Trump glare isn't severe. You become part of the media zeitgeist for a couple of days, and then everyone moves on to some other controversy. Look at how this now overshadows the US-Korea snafu, which itself overshadowed the Russian oil snafu, which itself overshadowed ....
[0] - https://blog.google/intl/en-in/company-news/welcome-to-anant...
[1] - https://news.microsoft.com/en-in/microsoft-announces-us-3bn-...
[2] - https://www.aboutamazon.in/news/aws/aws-invests-8-billion-in...
Post-pandemic most single men in Silicon Valley have realized that the region is terrible for anything but settling down with a family.
It was for a few specific ML research roles that I was interested in, of which there were very few in NYC and during the interview process I was told that they would go to internal candidates