I was working for a company who tried to do that. We opened offices in Warsaw and Krakow and started trying to hire. We really couldn't get anyone, as everyone else had the same idea at the same time. People in those markets who were good and spoke english well basically had open offers from their choice of American firms.
I think we then were trying to open in Ukraine until the war.
The problem was that the talent pool just wasn't very deep and the thundering herd of American companies crowding in sucked it dry. Most of the people we did end up hiring in Poland were actually blue card holders from India.
After that we got bought by a PE firm who decided to do a GCC strategy focused on India, managed by McKinsey, it went as well as any other McKinsey lead outsourcing effort and the company is now spiraling.
I think we then were trying to open in Ukraine until the war.
The problem was that the talent pool just wasn't very deep and the thundering herd of American companies crowding in sucked it dry. Most of the people we did end up hiring in Poland were actually blue card holders from India.
After that we got bought by a PE firm who decided to do a GCC strategy focused on India, managed by McKinsey, it went as well as any other McKinsey lead outsourcing effort and the company is now spiraling.