>and the good ones can easily immigrate to Europe or somewhere else - maybe that has changed

Yes, that has changed. Europe and USA are closing their borders for immigrants. And I don't know if that is the reason, but these international offices in India and some South America countries are hiring way more than 3 years ago. That said, USA and Europe are still top-notch in quality of life, no matter what naysayers believe. So you will still have a lot of great talent wanting to move there