One last point: Wipro has performed way better than expected during COVID (https://www.livemint.com/companies/news/wipro-soars-as-june-quarter-earnings-better-

One last point: Wipro has performed way better than expected during COVID (https://www.livemint.com/companies/news/wipro-soars-as-june-quarter-earnings-better-than-expected-11594786591166.html https://www.livemint.com/companies/news/wipro-soars-as-june-...) TCS has made an announcement that they will not have any layoffs during COVID https://www.bloombergquint.com/business/tcs-not-to-lay-off-employees-amid-covid-19-lockdowns-freezes-salary-hikes https://www.bloombergquint.com/business/tcs-not-to-lay-off-e... So, even when thousands of employees of these companies could not travel to the US, their profits soared. Anecdotally, it appears (need more data) that if these companies cannot send someone on an H1B, the job does not always go to an American national, it probably goes back offshore to Bangalore (good for us, we get those tax Rupees).