Officer Layoffs at some of the largest tech giants in the world It creates a flooded and volatile market. It’s a frightening condition for new employees and mid-career professionals alike, and it has disastrous implications for them hundreds of thousands of foreign workers(opens in a new window) and visa holders. And according to new reported estimates, this impact may be disproportionately devastating to one segment of the population: Indian IT employees.
Reported by financial news site MintA number of “industry insiders” estimate that Between 30 and 40 percent of layoffs are in the IT field(opens in a new window) Affected employees on temporary work status from India. Given national estimates that 200,000 IT employees have been directly affected by layoffs since November, this means that potentially 80,000 people will now be faced with the task of finding stable work within 60 days before being forced to return to their home countries.
Most of these employees, including a huge segment of Tech workers from China(opens in a new window), on nonimmigrant work visas such as the H-1B, which is a three-year temporary visa with an option to extend. In 2022, many technologists and advocates Protest current congressional limits(opens in a new window)and the lack of oversight for workers on visas such as the H-1B, which they say are frequently exploited by needy technology employers. This follows an uproar in the industry sparked by a 2017 government decision to H-1B visas suspended(opens in a new window)as well as an executive order signed by former President Donald Trump requiring the issuance of H-1B visas to Higher paid and educated employees(opens in a new window), not through the lottery system. Foreign labor decisions were for the Trump administration Cascading effects on women and wives(opens in a new window)alsoAnd(opens in a new window) It has incited global protests in countries that depend on international job opportunities, such as India.
Now, at the same time sweep this group of employees already approved layoffs Job opportunities are becoming scarce and scarce(opens in a new window)Demand for new H-1B visas has increased, especially in technical fields. According to USCIS, computer-related jobs are counted nearly 70 percent(opens in a new window) of approved H-1B recipients in 2021. For 2023, the state agency received 483,000 applications, an increase of 57 percent, to me Bloomberg Law(opens in a new window). Visas are also becoming less accessible for many, as announced by the US government Plan to increase fees for H-1B sponsors(opens in a new window).
Employees dealing with the sudden removal of both their sources of income and immigration status were drawing on networks of people caught in similar situations. like Mint Reportedly, some are seeking help through international organizations such as the Global Indian Association of Technology Professionals (GITPRO) and the Foundation for India and Indian Diaspora Studies (FIIDS), or networking sites for visa workers, such as Go Zeno(opens in a new window). Others are looking for informal means to find these necessary jobs, through Google Forms and job sites like LinkedIn(opens in a new window)And the time reported in December. until Law groups(opens in a new window) She applies to help employees search for visa-eligible work, while many are looking for Immigration alternatives to their H-1B status(opens in a new window).
The tech industry is no stranger to ethical debates about bottom line numbers and their human costs, as recent tech workforce cuts coincide with industry-wide concerns about the treatment of employees. For example, file Development of popular AI application ChatGPT using low wage workers in Kenya Exposure of employees to violent and graphic content online. Other workforces, such as call center employees in countries like India and the Philippines, are facing a continuation Online harassment and even physical threats(opens in a new window) at work. And mechanization that goes further than that Masking staff accents with ‘white-voiced’ robotic AI It has contributed to the development of an increasingly faceless industry that is now laying off employees in droves.
But beyond the impersonal scope of mass layoffs and corporate revenue targets, there are the living realities of those who do skilled work—thousands of real people supporting real families with immediate needs, who are now scrambling to protect their futures.