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Significant changes since this article was published: https://www.cnbc.com/2018/04/20/big-american-tech-companies-are-snapping-up-h1-b-visas.html https://www.c
by paulsutter 8y ago
Significant changes since this article was published:
https://www.cnbc.com/2018/04/20/big-american-tech-companies-are-snapping-up-h1-b-visas.html https://www.cnbc.com/2018/04/20/big-american-tech-companies-...
> Four U.S. tech companies — Amazon, Microsoft, Intel and Google — were among the top 10 employers for approved H-1B applications in FY 2017,
> The top seven Indian technology companies were given a total of 8,468 H-1B visas in FY 2017 .. a massive drop from FY 2015, when these companies got 14,792 H-1B visas. One of the largest Indian outsourcing firms, Infosys, saw a 49 percent drop between FY 2016 and FY 2017.
- jgalt212 8y agoAmen to that. The labor pool must not be artificially expanded when we have had no real income growth in a generation. Free and Fair Trade and assisting the American worker are the only things Trump is good for. The rest has been a disaster. But if Hilary were in charge, we´d still have unfettered globalization no empathy for the disenfranchised deplorables. Let´s just keep pumping them full of opiods. https://freebeacon.com/issues/hillary-clintons-prescription-pill-problem-oxycontin-inventor-clinton-foundation-donor/ https://freebeacon.com/issues/hillary-clintons-prescription-...
- geofft 8y agoIf the American worker is less competent than the foreign worker, it goes against everything your namesake stands for to have government intervene to assist the American worker. (And yes, national borders are themselves a form of government interference, and a fairly significant one at that.)
- screye 8y agoIt is less about the average American worker and more about statistics. There are 1 billion Indians and Chinese each. When a few thousand of them are migrating to the US every year, you get to meet the candidates that have been pre-screened to be among the best in their respective could tries. Now since the US has better amenities, the 99th percentile Indian, probably rubs shoulders with a 95th percentile American. But even then, there are just as many 99th percentile Asians as there are 95th percentile Americans (due to population differences) If Amazon needs a person who is in the 95th percentile on Math/Analytics/CS , then at a certain point they run out of Americans. They then have 2 options. Either hire 99th percentile Indians or lower the hiring bar. IMO, the US has managed to stay on top in the tech through shameless poaching of top talent across the world. (Among other things) Letting go of this talent, across the board, might lead to short term citizen job growth, but may cause long term job loss as companies setup base elsewhere, in search of talent or competition gets stiffer.
- geofft 8y agoWhy should Amazon "run out of" Americans? If they want the best candidates and the pools are statistically equivalent, they should be taking Indians, Chinese, and Americans in proportion to their worldwide population from their first hires onwards. The only reason to prefer Americans is American government intervention. Without a government telling you who you can hire and who you can't - and in particular, in the utopia of John Galt - there's no rational reason for Amazon to prefer extending offers to people born anywhere vs. people born anywhere else.
- int_19h 8y ago> The labor pool must not be artificially expanded It's the other way around - visas and borders artificially limit it. You can argue whether it's a good thing or not, just understand that you're basically demanding more regulation. Rather ironic, coming from "J. Galt".
- jgalt212 8y agoI see your point, but certain companies hogging the lion's share of the H1-B's is not Free Enterprise.