The remote-work revolution has led some U.S. 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.