Tech layoffs h1b reddit 3. The current H1B system does not work the way it is intended. H1B's should get some kind of visa that lets them jump their company without restriction after three years; three years would make sure they had the skills claimed. Last time i went home was after 4 years. A lot of f500 companies need this talent. That policy in 2020 would have worked well if companies would’ve been forced to pay employees with visas equally but orange man bad. 60 Days Rules “[a]n individual may benefit from the 60-day grace period multiple times during his or her total time in the United States; however, this grace period may only apply one time per authorized nonimmigrant validity period. 5K votes, 944 comments. Every H1B employee hired by a company represents a potential 8yr engagement with substantial additional costs. most of these layoffs are in tech anyway. Employees with the H1B need to seek another employer that sponsors H1B in order to maintain their H1B status. Look at tier2/3 companies- home Depot, Emerson, Roku, visa, etc. Firms that once hired large shares of H-1B visa holders are Dec 5, 2022 · Companies where engineers are assets ie tech companies are the ones laying off whereas companies that treat engineers as second class citizen are hiring. Nov 4, 2022 · On Thursday, Stripe CEO Patrick Collison sent an email to Stripe employees that the company is “reducing the size of our team by around 14%. ” Stripe has approximately 300 to 350 employees in Nov 21, 2022 · With more than 42,000 tech workers losing their jobs this month, immigration lawyers and tech investors say that the majority of foreign nationals on visas could be forced to leave the country Nov 23, 2022 · With the shrinkage happening at so many major companies, laid-off workers face discouraging odds of securing new jobs in tech. " As he explained it: "Tech industry layoffs are basically an instance of social contagion, in which companies imitate what others are doing. If it was a headcount issue then tech companies have a litter of U. I was on a team of H1B tech workers, they do jobs any smart American high school graduate could do, six figure jobs. Due to covid and visa stamping issues. And my company - and others - have smaller layoffs every few weeks to avoid the WARN notice and the requirement to provide benefits to the ones laid off, so there are more that are not reported. So they got to have these tech jobs for a couple year and now are in the situation they would have been before. layoffs. 403 votes, 312 comments. Did anyone think that these companies were investing in "tech education for underrepresented minorities" out of the goodness of their heart? The good PR was a nice side effect, flooding the market with talent was always the goal. Not H1B but EB2 to convert H1B employees to a green card (perm US resident based on employement). The H1B system is broken and robbing Americans of good jobs. the way h1b are cheaper is to make them work more hours by threatening deportation, so you get more hours out of them for formally “same salary as Right now is a bad time to be job hunting for CS with all the big tech layoffs. And if you only count tech these 60K coming in shouldn’t be compared to 330 million people, but more toe the 200K tech people laid off who could be replaced with on-shored people in just 3 years. I didn’t read the article btw. Subreddit dedicated to the news and discussions about the creation and use of… The H1B visa rules are also known by most of us. How do you figure it out? Can we submit previous paystubs and is submitting current paystubs mandatory or optional for h1b transfer? Go to h1b r/h1b. I’m confused. During h1b transfer, I guess we need to submit latest paystubs from current employer. It's very likely a troll farm operation that took off because the tech sector is in a downturn and people are out of jobs. H-1B non-immigrant visa holders in the United States. You got a job within 60 days. Now again when I was planning to visit home… Tech worker demographics makeup in Silicon Valley is predominantly Indian, and 40% are on visasthis sounds about right, because every tech company I've worked in, I could barely pronounce any of my co-workers names, and they all ended in -ish, -ra, -esh, -ant, and all very aggressive and ruthless, trying to step on each other's backs to get visibility, not very fun work culture, bunch of Tech and outsourcing companies continue to exploit the H-1B visa program at a time of mass layoffs: The top 30 H-1B employers hired 34,000 new H-1B workers in 2022 and laid off at least 85,000 workers in 2022 and early 2023 The layoffs affecting Americans and H1B holders are the natural consequence of a remote and mobile workforce. The IT job market sucks. Plus age plus families etc etc. Starting to see more layoffs popping up incrementally after that initial wave during early 2023. Layoffs in tech have to do more with poor planning and fomo hiring Hello! I am a US citizen and my girlfriend is here on a H1B Visa (Indian citizen - I know the US embassy in India is currently a mess). But if they never increased their hiring, those 100k people wouldn’t have had tech jobs anyways. People on H1B visa are non-resident immigrants here. Various industries need skilled labor. Because there is no other good alternative to hire skilled labor companies turned to using H1B. The reason you have H1Bs working in tech (talking about the legit ones, not sweat-shop workers) is that the local labor market is unable to meet the standards of these tech companies. " From the article, exactly what you said. If you look for reasons for why companies do layoffs, the reason is that everybody else is doing it. And yah 7 months at Google may look off, but not really at a time where layoffs are well known to be happening. S people to pick from given all the boot camps, 2 year programs and etc. There is a process wherein they have to show they advertised a job profile in job boards, did some recruitment campaigns and couldn't find a competent US citizen or perm resident candidate before trying to hire an H1B visa holder. Trump is running on an anti-immigration platform. These jobs are moving on just like hardware manufacturing did years ago. If you are in tech, check out Blind app and ask There are a lot of online universities and also a few other in place universities that provide OPT from day 1. Blaming the H1B visa holder is missing the bigger A rather jarring list here that shows the mental scale of layoffs across the tech industry so far in 2023. She is in some risk of the tech layoffs currently happening and we're trying to figure out how marriage plays a role in all this (we're already planning on it, but might accelerate it a bit based on what's happening). If people are frustrated, they should try to match up to the standards of these tech companies. Recall that H1B employees cost money to sponsor at the beginning, during, and towards the end of the 6 yr cycle, at which point the company may sponsor the green card for the employee. And yes, you are still entry level because they measure experience by projects. this reddit space is for you. r/h1b. H1B visa holders have played an important role in the domestic US tech sector and the innovation it has produced especially at large cloud technology companies. I make around $130k as a mid level engineer but there’s signs posted in the break room of managers with H1B visas making 100k. Doubt: you don't say you got laid off. It's 2024 and an election year. . Countries who sent us their H1B workers will benefit from the reverse brain-drain. do the layoffs justify there is no demand for H1B? How does it mean the citizens have the skills to fill the gaps? Doesn’t H1B exist because citizens couldn’t provide the skills needed. My solution is that immigrant H1B visas shall only be approved if the salary is in the top 20% for the location Stanford business professor Jeffrey Pfeffer has called the phenomenon of companies in one industry mimicking each others' employee terminations "copycat layoffs. The tech industry layoffs are basically an instance of social contagion, in which companies imitate what others are doing. Why pay Silicon Valley salaries for people to work from their homes? I don't hear about mass layoffs in Delhi. So I’m good with it. Layoffs are the result of imitative behavior and are not particularly evidence-based. At this point, with all the fang off the table, get anything that will keep your opt in-status. Many tech doors were closed. Most people don't anticipate these issues and don't prepare themselves for these situations. Send them home. If you notice, the h1b hate on reddit only picked up significant momentum over the past few months. but im not sure how difficult it will be to get back an H1B. fyi shows 263,180 IT layoffs last year and 89k so far this year. While some positions are bottom of the barrel, most major American technology companies actively hire international applicants on H1B and pay them the standard pay in the company. H1B visas are only good for 6 years. 15M subscribers in the technology community. It is partly our fault as most of us are complacent and think that layoffs won't happen to us. So a lot of people can still get an F1 visa. But you don't have them obviously as you got laid off. I was talking about this with my PE friends over football and we think this will supercharge a lot of industry that couldn't compete with tech for this talent Pick your industry: Insurance, finance, publishing, even Union shops like 1199 have 100% H1-B tech workers (I kid you not) and the Union will not even interview American tech workers, and it’s been like that for over a decade. They have Indian hiring managers that pick from Indian H1B holders, and they fill out the paperwork claiming they have unique skills. I don't feel all that protective of Americans, but the way H1B are locked to their companies causes unfair competition. ” Yes they are. to keep their H1B valid. glxz ixfnz qwcbii plx wucc anmqwk bpodm cvgmi fdrs frn