Europe

I just switched to a new product and realize most of the developers are from Europe/India. In 2020-2022, my squad used to have intern and new hire every summer but not anymore. My 3 coworkers who got laid off last year still couldn’t find a job(with 2-6 yoe). My new squad doesn’t have much work to do, and there’re lots of layoffs happening. I heard my squad lead is interviewing new developers but not from US… This is scary… Is this happening in your company? How is the market for mid level develops? It’s so scary that all 3 of my coworkers stay unemployed for 1+ years, and they are average/above average developers with some experience…