Home NewsAsia Google, Meta, Amazon, Other Tech Giants Hiring Low-Paid H1B Workers After Massive Layoffs: Repo

Google, Meta, Amazon, Other Tech Giants Hiring Low-Paid H1B Workers After Massive Layoffs: Repo

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Google, Meta, Amazon, Other Tech Giants Hiring Low-Paid H1B Workers After Massive Layoffs: Repo

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 line with a report by impartial investigative journalist Lee Fang, the just lately launched information by the US Division of Labor has proven that Google, Meta, Amazon, Microsoft, Zoom, Salesforce, and Palantir amongst different tech companies 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 line with a report, Google filed purposes for H1B visas to rent lower-paid tech employees from overseas 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 geared toward new Google staff to affix in August. Google mother or father Alphabet-owned Waymo too has reportedly filed comparable H1B purposes to rent engineers.

Meta too has decreased its estimated workforce by practically 25 per cent in a couple of months as CEO Mark Zuckerberg named it the “12 months of effectivity” within the wake of the downsizing US tech sector, the report famous. 

Additionally Learn: 23 Per Cent Salaried Employees Not Prepared For Emergencies, Lack Financial Planning: Report

Amazon CEO Andy Jassy additionally introduced a plan to scale back one other 9,000 jobs from the net retail large’s workforce in March after the 18,000 that have been minimize in January. Nonetheless, the variety of layoffs at Amazon accounts for a smaller proportion of its complete workforce, which reached 1.5 million in December 2022, in comparison with different tech giants. Jassy advised employees that the additional layoffs have been crucial 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 could minimize virtually 5 per cent of its world workforce, equating to 10,000 jobs, to arrange for a possible financial downturn. CEO Satya Nadella in an electronic mail to staff stated that the corporate would proceed to rent in vital strategic areas, regardless of the job cuts. CEO Satya Nadella stated, “Whereas we’re eliminating roles in some areas, we are going to proceed to rent in key strategic areas.”

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