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Why do major companies layoff workers and replace them with foreign contract workers? It's cheaper.
by Simulacra 4y ago
Why do major companies layoff workers and replace them with foreign contract workers? It's cheaper.
- deleted 4y ago[deleted]
- nine_k 4y agoI remember times when shutting down a US-based factory and outsourcing the production to China looked like a damn smart move, because it's cheaper.
- ronnier 4y agoIs that true? I have pretty good insights from working with many of such people, close friends with many, and working at big tech companies. At big tech anyways, people on work visas are making a lot of money.
- kneebonian 4y agoThey might make a lot of money but they also are incredibly prone to being abused and gave to put up with whatever their boss tells them to do. It's a lot easier to force someone to work 65-80 hours for crunch time when they can't leave without being kicked out of the country.
- aroundtown 4y agoIt very much depends on the company and the bosses. I've seen visa status used to keep wages low and to lock people into shitty jobs and positions. These companies also use visa holders as a tool to keep citizen wages down. In both cases they will remind you of how easy it is to get someone else in who can do your job.
- gautamdivgi 4y agoWhen stock price triumphs everything else and management is stuffed with political hacks as opposed to value creators the only way is to keep cutting cost until the whole show runs into the ground. The focus is on the current set of people to make bank before the thing falls apart.
- cscurmudgeon 4y agoYeah thats just plainly false. You can't pay below market for H1B. https://redbus2us.com/h1b-minimum-wage-or-lca-prevailing-wage-for-a-position-in-an-area-in-usa/ https://redbus2us.com/h1b-minimum-wage-or-lca-prevailing-wag...