In my portion of the tech industry (Cybersecurity/Infra), there isn't enough talent in the US, so we'd end up paying a new grad roughly the same amount we could pay an 8200 veteran in Israel or a Flipkart security alum in India. The latter have more experience than the new grad, so we're getting RoI much quicker.

Why not relocate the whole operation to Israel or India then? Surely the costs must be cheaper there for your role as well.

Not working as a PM anymore, but it is happening. Within 5-7 years most Cybersecurity PMs will end up being in Israel+India, along with Eng staff. All that will be left in the US is PMM and Sales Engineering.

This is the model the newer gen of Cybersecurity Startups are following (eg. Wiz, Cyera, etc).