Those who were working and now laid off by Tata, Infy and Wipro are no longer interested working for a minuscule salary. Eventually you will see the services pricing way above. EX-DXC folks will also not want to work for rock bottom salaries. Eventually the inflation will reflect on the new rates quoted to customers.
This is long story on how to increase volatility in stock markets and increase cost of labor thereby getting the US inflation to at least 2 percent.
Eventually there will be many hits and misses, only time will tell who the winners are...
Agree completely, @O1G03EV-plu.