Tech layoffs h1b reddit. This info seems to be not true.

Tech layoffs h1b reddit Send them home. Why they did that they did not say. You got a job within 60 days. The H1B program is inherently problematic since it is easier to exploit someone on an H1B compared to someone whose immigration status isn’t dependent on their employer. I didn’t read the article btw. They have Indian hiring managers that pick from Indian H1B holders, and they fill out the paperwork claiming they have unique skills. Subreddit dedicated to the news and discussions about the creation and use of… The H1B visa rules are also known by most of us. i’m canadian, and i’m lucky that i don’t to be sponsored in order to work in the US, but yes, in general it is very hard for other international students to get work here after undergrad unless you’re exceptional. The current H1B system does not work the way it is intended. I am Tech Risk but I was persuaded to join Enterprise Risk. . Just cuz the big tech shops are firing doesn't mean there aren't 1000s of companies hiring. So once they have terminated, you are no longer authorized to work for them or someone else, until someone else files an h1b for you or your status changes. Sponsorship takes a lot of money(10 to 20k including lawyer’s fees) and brings a lot of uncertainty. But if they never increased their hiring, those 100k people wouldn’t have had tech jobs anyways. The labor market as a whole is pretty strong, but tech’s grow grow grow culture over the last few years led to some inflated payrolls. I am on H1B visa and currently laid off. After the 60 days (post layoff) her H1B will be invalid, which I-130 requires a valid visa. Some consulting company told me they can transfer H1B. A place to discuss US and Worldwide immigration news, politics, visas, green cards, raids, deportations, etc. 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. this is only true for undergraduates though, it’s a lot easier to be sponsored for a h1b with a masters, which is why most international students come to the US for masters Yes, this is the biggest shift tbh. 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. It has been a few weeks and I realized my health insurance is ending in couple days. I keep seeing more and more complaints about H1Bs specifically. Why does the H1B visa still exist when the unemployment in tech is so high ? Why are there fresh graduates on H1B visa when there are so many unemployed US citizens who are also fresh graduates? The H1B visa has almost no oversight. So a lot of people can still get an F1 visa. H1-B visas are great. Check out the job board that City of Chicago and partners created just for us h1b visa folks, where you'll only see jobs you're eligible to apply for. What will be my possible options? Q1. I have been laid off on h1b visa recently. 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. Look at tier2/3 companies- home Depot, Emerson, Roku, visa, etc. H-1B non-immigrant visa holders in the United States. But you don't have them obviously as you got laid off. With the excess good quality supply coming off the tech layoffs, this will take time to subside. And yah 7 months at Google may look off, but not really at a time where layoffs are well known to be happening. Tech market and consulting is really bad, allot of talented folks looking for work. Is there any way around this, or any best way forward? Can she work? I assume she can if she can find an employer that will sponsor a visa, before her EAD is processing at least. but im not sure how difficult it will be to get back an H1B. A lot of the applications are from Indian tech consultancies, many He was saying clearly to remove H1b program altogether (same like Vivek is saying this time) during first time campaigning in 2015, but these days he is not saying anything about H1b at all which shows he has no plan or intention to fix h1b or offshoring jobs issue. Employees with the H1B need to seek another employer that sponsors H1B in order to maintain their H1B status. It’s mainly because people on Reddit and in this forum are most likely educated and issues like H1B fraud affects them directly. The company needs to be as liable to consumers and employees as they are to investors. Hello! This is the global dual-language Reddit home of the country Vietnam. If you look for reasons for why companies do layoffs, the reason is that everybody else is doing it. H1B visas are only good for 6 years. 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. A lot of f500 companies need this talent. ALL business is fueled by high tech. fyi shows 263,180 IT layoffs last year and 89k so far this year. this reddit space is for you. 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. That brings total layoffs in the tech industry to more than 200,000 over the last year, the FT notes. If you notice, the h1b hate on reddit only picked up significant momentum over the past few months. Starting to see more layoffs popping up incrementally after that initial wave during early 2023. Not the 10% ones like the WITCH employees. My employer told me June 26th was the last day of my job. I was on a team of H1B tech workers, they do jobs any smart American high school graduate could do, six figure jobs. I am not sure if someone is working for a company and yet not selected in H1B how can USCIS can reject it on basis of layoffs, I don't see any such rule/info available. " From the article, exactly what you said. So they got to have these tech jobs for a couple year and now are in the situation they would have been before. This is true for PERM, so companies starts pausing it for time being. Due to covid and visa stamping issues. But management doesn’t care cause the domestic employees correct it. Doubt: you don't say you got laid off. Layoffs are the result of imitative behavior and are not particularly evidence-based. They say "$30/hour is the prevailing wage - we're offering that same wage to our US employees, so we are in full compliance with the law. Its very stressful and almost impossible to find a new Job in the remaining grace period. 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 A rather jarring list here that shows the mental scale of layoffs across the tech industry so far in 2023. Staffing Firm XYZ then hires H1B visa workers and pays them $30/hour. 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. H1b folks are not helping the market and need some regulations in place to protect US workers. I’m confused. Because there is no other good alternative to hire skilled labor companies turned to using H1B. One can dream. They sing humans at the centre and employee well-being. In a layoff situation, why would a company choose to retain the H1B visa employee over the American citizen, especially when both possess similar competencies or when the American employee could be trained to fill any gaps? The main problem here is that H1B is a Temporary visa, with option to get a Green Card down the line (decades later). But, employers should have to pay them the same rate they pay local employees, and there should be protections to prevent horrible employers from essentially holding them hostage by dangling their visas over their heads (like what Musk is currently doing to his H1-B employees at Twitter). Enterprise Risk is often the target for mass layoffs. When the layoffs started I was chopped. In its wake If you look closely at the layoffs in tech, they are majorly in non-technical positions. The kinda weird part is that all the foreign employees are absolutely obsessed with the United States. S people to pick from given all the boot camps, 2 year programs and etc. 3 marriage and h1b process has no relation whatsoever. Many tech doors were closed. Countries who sent us their H1B workers will benefit from the reverse brain-drain. layoffs. Most people don't anticipate these issues and don't prepare themselves for these situations. Is this possible? Q2. The layoffs appear valid especially when widespread. During normal years, our applicant pool might be 10-15% recent layoffs (probably lower), or people who were fired from their previous position. The main problem is finding an employer who is willing to pay for the filing costs and lawyer, willing to wait for the paperwork to be complete, and doing all of this within the 60 days (although technically you are not considered out of status if the I-129 is filed by the end of the 60 days, not Companies can say it is due to the pandemic, changes in strategy, changes in structure…. most of these layoffs are in tech anyway. to keep their H1B valid. Tech companies notoriously out hired in the unsustainable 0% interest rate era and that is coming to an end. Yeah, with all the jobless American software developers due to tech layoffs, there is little need for majority of H1b workers. Nov 21, 2022 · The tech industry’s waves of layoffs reached a new crest in November as giants like Meta and Amazon made large-scale cuts for the first time since the start of the pandemic. H1B is not the most effective way to cost cut, it makes no sense to do this for like one person even if you could. 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. Like I said tech will be fine but the market will definitely So much of the tech layoffs are just scale backs of the over hiring that occurred during the bull market when interest rates were free and a ton of investor money was being thrown around willy nilly. Also the rates& salary are low due to supply and demand scenarios. And it tracks in part because other tech companies say the same thing — but they continue to have record profits and we see stories about people that were laid off landing in other tech companies. Not H1B but EB2 to convert H1B employees to a green card (perm US resident based on employement). If you do not have kids right now, India is always a good option. During h1b transfer, I guess we need to submit latest paystubs from current employer. And yes, you are still entry level because they measure experience by projects. It is partly our fault as most of us are complacent and think that layoffs won't happen to us. Jobs like project management, finance, and HR account for the vast majority of layoffs in the tech sector. ” Yes they are. And gosh darn, isn't it so unfortunate that we can't find enough US employees to fill the positions so we have to go with H1B employees. Plus age plus families etc etc. So I’m good with it. Is it good to transfer in F1 visa or B1/B2 ? The dirty secret is that many companies used the wave of layoffs as an excuse to lay off their underperformers. Tech isn’t going anywhere but a lot of the fat is going to get trimmed. This info seems to be not true. " As he explained it: "Tech industry layoffs are basically an instance of social contagion, in which companies imitate what others are doing. 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. H1B ties you to a specific employer. Most tech workers (where H1B frauds are most likely with applicants from India etc) have no interactions with Juan, who crosses into the country from Laredo and works in an avocado farm 44K subscribers in the h1b community. If people are frustrated, they should try to match up to the standards of these tech companies. I am laid off from my company and in my grace period right now. 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. The amount of insane valuations and zombie companies that never take a profit are going to be gone. Ey is brutal. They also make more mistakes. Various industries need skilled labor. It's 2024 and an election year. 3. Reddit moderators decided that they should remove my post. Most of these workers assume that H1B (temporary visa) = being able to live in the US forever. reddit has become a dictatorship by moderators. At this point, with all the fang off the table, get anything that will keep your opt in-status. As Indian economy develops and it gets easier to setup business there. This is my original post: In 2024 the amount of H1B workers with a job in the US is substantial. I see nothing wrong with my post, no hate, nothing false. /r/immigration is protesting Reddit's API changes. 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. It feels really weird tbh. r/Vietnam sử dụng cả hai ngôn ngữ tiếng Việt và tiếng Anh. 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. It's really easy to prove if they actually replace you with an H1B, because H1B salaries and titles are public for every company. But don't worry, Chicago's got your back. My small company is currently hiring someone for a senior dev role, so I have interviewed many people over the last month, and the available talent is I think registrations will go up, but maybe not as much as last year (57%) with all the tech layoffs. I'm gonna guess 600k. Like imagine if with all these stock buybacks, the stock bought went to the employees, growing their voice in the company. 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. A company can replace a US citizen with an H1B visa worker if they choose to, and many do so. 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. Atleast H1B employees contribute to the US economy and taxes. Other English speaking countries are much better bet in terms of immigration. 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. The IT job market sucks. That policy in 2020 would have worked well if companies would’ve been forced to pay employees with visas equally but orange man bad. The federal WARN Act threshold requires a filing when a company lays off more than 50 employees if those employees comprise more than a third of the company's workforce. That’s why they’ve made it so much easier to get an H1B compared to getting a green card. Suspending H1b like they did during the pandemic will be popular and easily justifiable. 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. Last time i went home was after 4 years. And while layoffs have been hitting tech for months now, this week felt particularly painful: Three of the biggest tech companies in the world—Alphabet, Microsoft, and Amazon—all announced job cuts that affected 40,000 employees combined. They work “harder”, and do it for cheap. Hey guys, I am on H1B visa, I 140 not approved. Hey, if you're an H1B worker who's been through the anxiety of layoffs and the threat of being forced to leave the US, you know how tough it is. They want our lives. I was wondering what are my options on failure to transfer the H1B and securing a new role. So they get mortgages & buy homes on temporary visas and then feel entitled to be given Green Cards. Trump is running on an anti-immigration platform. 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. The H1B system is broken and robbing Americans of good jobs. The California WARN Act threshold (relevant because so many tech companies are in California) is 50 employees located in California, regardless of 2 is incorrect as far as I know. Looks like Big tech is donating big behind scene to his campaign in 2024. We would see more wage growth, better prices, and improved quality of life for all. FY 2024 might be different as USCIS will increase the registration fee and a pending rule will likely come out that hopefully make some changes. I don't feel all that protective of Americans, but the way H1B are locked to their companies causes unfair competition. We now have over 30 new employees that work in India. People will scream until their voice gives in that unions won’t prevent layoffs, except they absolutely will if enough of the work force is unionized, especially in a scenario like now where the majority of layoffs are accompanied by record financial performance. 5K votes, 944 comments. With that said though, many of these companies abused the SHIT out of the H1B system to drive tech wages down when we have had a glut of US citizen tech workers who literally cant get jobs because they wont be paid the shit wages and work the absurd hours these companies are requiring. Chào mừng bạn đến với ngôi nhà trên Reddit của Việt Nam. Whether its software companies or big banks or pharma or whatever. Imo, everyone should have the opportunity to work anywhere. People on H1B visa are non-resident immigrants here. r/h1b. No shortage of jobs in tech, and with the ability to work remotely for the most part, geography doesn't really play much of a role anymore either. 403 votes, 312 comments. That's a joke. Odds are around 10 to 15%. It's pretty much the same hassle, except you don't need to go through the lottery again. 15M subscribers in the technology community. Yes, there were some companies that are genuinely facing a crisis (real estate, cars, etc) or cutting business units (like divesting from hardware), but most big tech companies layoffs were neither due to unprofitability and across business units that continue to exist. Now this is the most shocking information IMO. I am very anxcious right now because finding a healthcare provider is kind of a mess for individual person. 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. But I estimated that around 60-70% of our most recent applicant pool were recent layoffs, many had gaps of 3-6 months, and some even had 12 month gaps. The 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. The talent in India is highly skilled especially the one's that command 50%+ of the salary of the US employees. tunkpm vryz eacgm mskla rvryvi wcvlke lukob kpm jqnenywu cgzilv