The H1-B visa quota has still not touched the cap of 65,000. Till May 2009, the US Citizenship and Immigration Services (USCIS) had about 45,500 H-1B petitions, 19,500 short of the quota. Imagine this, in 2007 and 2008, the 65,000 cap was hit in under two days. The fact that there are still available H1B visas this time of the year means that the US economy is really bad shape and that no US businesses want immigrant workers.
The cost of one H-1B visa is around $3,000. The number of H-1B visa holders in Infosys(second largest Indian IT service vendor) was 8,700 as of December 31, 2008.It came down to 8,200 as of March 31, 2009. This number is expected to come down further by another 500 at the end of the first quarter of fiscal year 2010,according to company sources.
The Indian IT community and the Indian government have protested legislation introduced by U.S. Senator. Chuck Grassley (R-Iowa) and Dick Durbin (D-Ill.)
They have introduced a new bill to impose further restrictions on H1-B visa quota.The proposed legislation would set tougher wage standards, which may increase salaries for H-1B workers as well as impose limits on the number of visa workers to 50% of the workforce.
Wipro Chairman Azim Premji, one of the speakers at the recently held U.S.-India Business Council summit, said that the India IT industry is "extremely concerned" about the Grassley/Durbin bill. He warned that the repercussions of trade protectionism will be disastrous.
The cost of one H-1B visa is around $3,000. The number of H-1B visa holders in Infosys(second largest Indian IT service vendor) was 8,700 as of December 31, 2008.It came down to 8,200 as of March 31, 2009. This number is expected to come down further by another 500 at the end of the first quarter of fiscal year 2010,according to company sources.
The Indian IT community and the Indian government have protested legislation introduced by U.S. Senator. Chuck Grassley (R-Iowa) and Dick Durbin (D-Ill.)
They have introduced a new bill to impose further restrictions on H1-B visa quota.The proposed legislation would set tougher wage standards, which may increase salaries for H-1B workers as well as impose limits on the number of visa workers to 50% of the workforce.
Wipro Chairman Azim Premji, one of the speakers at the recently held U.S.-India Business Council summit, said that the India IT industry is "extremely concerned" about the Grassley/Durbin bill. He warned that the repercussions of trade protectionism will be disastrous.
5 comments:
You Indian frauds are all sent packing! Did you seriously think you would be allowed to just walk into America, take over IT, ethnically cleanse Americans out of our own country and not have anything happen? This bill is a direct response to your RACIST behavior. NOW GET OUT AND STAY OUT.
fuck you vivek. you ass hole. leave america.
good. keep these H1B parasites out of our country. I am an indian myself, hailing from Hoshiarpur, PB. I am an american citizen. However, my loyalty stays with america since I am who I am because of the education that america provided me with. These parasites come from India and they are taking the jobs that belong to us: the citizens and green card holders of america. I have extreme hatred for the H1B quota and personally think that H1B should be eliminated. These leeches are the parasites who drain money from the american economy. They are partly responsible for the job market mess.
H1B VISA HOLDERS: GET OUT AND STAY OUT. YOU PEOPLE HAVE DONE ENOUGH DAMAGE ALREADY. YOU PARASITES HAVE TAKEN THE JOBS THAT BELONG TO AMERICAN CITIZENS AND GREEN CARD HOLDERS.
the previous posts are very harsh on h1b indian temporary workers. i am an indian born person-- who is an american citizen now, but i think the work done by these temp h1b workers with no knowlege of whether they will remain in the place they worked for years while away from family and friends is through good hearts and with a lot of tension and is quite a bit. Both of us are equally qualified though. We are all trying to live.
fuck you vivek and absolutdesi86-- while i agree non indian h1b holders should be sent back depending on productivity to free up some jobs at this tough time 2009.
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