The army was considerably downsized in the last decades, so while this used to be true for men, it isn't anymore. And the number of women is and always was more or less negligible.
My comment was mainly aimed at the example in the article, 'bad' developers aren't driven out of the country and since they make a lot more money in Switzerland they have no reason to leave. Yes, it's not literally no one and of course there are always personal reasons or 'that one job' which makes a move worth it.
Yes, the market cap of the company is lowered by the amount it spends on the buy back, however the value per share stays the same. A year later the profit from the new year is included in the market cap which is divided by a lowet number of shares. This means the value of a single share is now higher while the market cap is the same as in the beginning.
Or am i missing something?