> We are also beginning to compete globally, far more than ever before with the ease of remote work. Qualified engineers can be found for 1/10th of the price with "near shore" companies in the "rich world".

Sounds familiar... I think you still get what you pay for.

There are certainly a lot of products where it doesn't matter at all, but in other areas you really need to be careful with what you send to the contractor and what you do in-house.