>All the jobs were probably outsourced to a lower-income location.

It is not possible to outsource all the jobs. If this countries couldn't provide required quality and education it is not possible to outsource some job. Example in Europe the lowest paid country is Albania.
Do you ever listen any software job to be outsourced in this country?
Do you ever listen about any albanian software?
They are importers of software.
Businness outsource some job ONLY IF THEY WILL RECEIVE THE SAME OR HIGHER QUALITY AT LOWER COST.