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Tech Giants Layoff, Import Workers

This is a U.S. news story, published by The Daily Caller, that relates primarily to Elon Musk news.

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The Daily Caller

The Daily Caller

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U.S. tech giants have laid off tens of thousands of employees and secured tens of thousands of H-1B visas for foreign workers

The Daily Caller

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70% Informative

Amazon , Google and Microsoft have laid off at least 27,000 , 12,000 and 16,000 employees since 2022 .

In that same roughly three-year period, the companies have secured at least 61,000 H-1B visas combined for foreign workers.

The U.S. H1B program allows businesses to employ skilled foreign workers with bachelor’s degrees for up to six years .

Indian nationals received more than 72% of U.S. H-1B visas in fiscal year 2022 , with Chinese nationals representing the next largest share at 12.5% .

Elon Musk and Vivek Ramaswamy voiced their support for the program last week .

President-elect Donald Trump appeared to come out in favor of the visas, telling the New York Post , “I’ve always liked the visas”.

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Informative language

68

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51

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semi-formal

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English

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58

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not offensive

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not hateful

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detected

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not detected

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short-lived

External references

24

https://www.census.gov/library/stories/2021/06/does-majoring-in-stem-lead-to-stem-job-after-graduation.html https://www.business-standard.com/finance/personal-finance/h-1b-visa-scandal-3-indian-origin-men-face-10-yr-jail-for-fake-job-offers-124111200414_1.html https://x.com/VivekGRamaswamy/status/1872312139945234507 https://www.facebook.com/DonaldTrump/posts/donald-j-trump-position-on-visasmegyn-kelly-asked-about-highly-skilled-immigrati/10156715268505725/https://x.com/elonmusk/status/1871956518213656728 https://t.co/RwzFk2kwLz https://x.com/NicoleShanahan/status/1872491562049180094 https://www.cnbc.com/2024/04/03/amazon-layoffs-hundreds-of-jobs-cut-in-cloud-computing-unit.html https://twitter.com/NeilPatelTDC/status/1872676620609421693?ref_src=twsrc%5Etfw https://dailycallernewsfoundation.org/2016/02/24/laid-off-disney-worker-will-tell-congress-disney-is-not-an-anomaly/http://blockquote%20class=twitter-tweetp%20lang=en%20dir=ltrAmerica's%20current%20H1B%20skilled%20visa%20system%20is%20a%20complete%20giveaway%20to%20corporate%20America,%20primarily%20big%20tech.%20We%20bring%20in%20skilled%20foreigners%20only%20when%20a%20company%20sponsors%20them.%20The%20system%20then%20keeps%20many%20of%20these%20workers%20in%20a%20legal%20limbo,%20often%20for%20decades.%20That%20whole%20time%20they%20are%E2%80%A6%20a%20href=https://t.co/RwzFk2kwLzhttps://t.co/RwzFk2kwLz/a/p%E2%80%94%20Neil%20Patel%20(@NeilPatelTDC)%20a%20href=https://twitter.com/NeilPatelTDC/status/1872676620609421693?ref_src=twsrc%5EtfwDecember%2027,%202024/a/blockquote%20script%20async%20src=https://platform.twitter.com/widgets.js%20charset=utf-8/script https://prodigyfinance.com/resources/blog/h1b-to-green-card/#:~:text=While%20an%20H%2D1B%20visa,which%20no%20visa%20currently%20offers.https://www.businessinsider.com/google-layoffs https://www.dol.gov/agencies/whd/immigration/h1b https://www.geekwire.com/2023/new-numbers-show-microsoft-cut-more-than-16000-jobs-in-nine-months/https://www.epi.org/publication/h-1b-visas-and-prevailing-wage-levels/#:~:text=Not%20surprisingly%2C%20three%2Dfifths%20of,median%20wages%20for%20the%20occupations.https://internationaloffice.berkeley.edu/h-1b_faqs#:~:text=An%20H%2D1B%20approval%20is,H%2D1B%20on%20your%20behalf.https://nypost.com/2024/12/28/us-news/donald-trump-backs-h-1b-visa-program-supported-by-elon-musk/https://timesofindia.indiatimes.com/nri/us-canada-news/with-3-20-lakh-h-1b-visas-bagged-in-fy-2022-indians-continue-to-top-the-charts/articleshow/100772292.cms https://www.nber.org/system/files/working_papers/w20668/w20668.pdf https://www.uscis.gov/tools/reports-and-studies/h-1b-employer-data-hub https://dailycallernewsfoundation.org/2015/06/11/department-of-labor-launches-investigation-into-h-1b-visa-program/#:~:text=The%20Obama%20administration%20has%20launched%20an%20investigation%20into,the%20urging%20of%20a%20bipartisan%20group%20of%20senators.https://www.cbsnews.com/news/musk-vivek-ramaswamy-h1b-visa-maga-immigration-what-to-know/https://www.dol.gov/agencies/whd/immigration/h1b#:~:text=The%20intent%20of%20the%20H,work%20in%20the%20United%20States.

Source diversity

19

www.census.gov www.business-standard.com x.com www.facebook.com t.co www.cnbc.com twitter.com dailycallernewsfoundation.org prodigyfinance.com www.businessinsider.com www.dol.gov www.geekwire.com www.epi.org internationaloffice.berkeley.edu nypost.com timesofindia.indiatimes.com www.nber.org www.uscis.gov www.cbsnews.com

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