My way of looking at this is simple.

What are people doing this quote on quote, time that they have gained back? Working on new projects? Ok can you show me the impact on the financials (show me the money)? And then I usually get dead silence. And before someone mentions the layoffs - lmao get real. Its offshoring 2.0 so that the large firms can increase their internal equity to keep funding this effort.

Most people are terrible at giving true informed opinions - they never dig deep enough to determine if what they are saying is proper.