Regardless of mass layoffs by world tech giants, some high Silicon Valley corporations are reportedly searching for to recruit cheaper tech employees from overseas. In keeping with a report by unbiased investigative journalist Lee Fang, the not too long ago launched information by the US Division of Labor has proven that Google, Meta, Amazon, Microsoft, Zoom, Salesforce, and Palantir amongst different tech corporations have utilized for 1000’s of H1B employee visas this 12 months.
It’s ironic that 1000’s of employees on H1B visas, together with these from India, have been impacted by the layoffs within the US, main many to share the information on social media and discover new job alternatives, the report famous.
In keeping with a report, Google filed purposes for H1B visas to rent lower-paid tech employees from international nations only a month after saying its plan to chop 12,000 jobs worldwide in January. The visas have been for roles together with software program engineers, analytical consultants, and consumer expertise researchers, with some requests aimed toward new Google staff to affix in August. Google guardian Alphabet-owned Waymo too has reportedly filed related H1B purposes to rent engineers.
Meta too has lowered its estimated workforce by almost 25 per cent in just a few months as CEO Mark Zuckerberg named it the “12 months of effectivity” within the wake of the downsizing US tech sector, the report famous.
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Amazon CEO Andy Jassy additionally introduced a plan to cut back one other 9,000 jobs from the net retail big’s workforce in March after the 18,000 that have been lower in January. Nevertheless, the variety of layoffs at Amazon accounts for a smaller proportion of its whole workforce, which reached 1.5 million in December 2022, in comparison with different tech giants. Jassy advised employees that the additional layoffs have been essential as the corporate seeks to downsize after years of hiring, significantly in the course of the coronavirus pandemic when folks turned to the web for procuring.
Microsoft introduced in January that it might lower virtually 5 per cent of its world workforce, equating to 10,000 jobs, to organize for a possible financial downturn. CEO Satya Nadella in an e-mail to staff mentioned that the corporate would proceed to rent in essential strategic areas, regardless of the job cuts. CEO Satya Nadella mentioned, “Whereas we’re eliminating roles in some areas, we are going to proceed to rent in key strategic areas.”
