In the depths of the 2022 crypto winter, our average cost basis was $30K while $BTC traded nearly 50% below it at $16K. What did we do? We bought more.
BREAKING: IOWA IS LAYING OFF 200 STATE IT WORKERS AND OUTSOURCING THEIR JOBS TO COGNIZANT, THE #3 H-1B EMPLOYER IN AMERICA.
We have covered Cognizant extensively as being a H-1B body shop, importing largely Indian nationals to contract with large American corporations.
Cognizant has been certified for 152,483 H-1B workers since 2015. In 2024, a federal jury found the company discriminated against its non-Indian employees. In 2019, two of its top executives were charged with foreign bribery.
The state's data centers are moving to the cloud within Amazon, the #2 H-1B employer.
The laid-off Iowans are being told they can apply for jobs at Cognizant.
Gov. Reynolds claims this saves taxpayers $525M over a decade. The actual contract price was not disclosed.
Cognizant is technically headquartered in New Jersey, but their leadership team is nearly 100% Indian, with the top 9 listed on their website shown here.
I shared this note earlier today with the entire team at Opendoor.
Today we began to say goodbye to our colleagues in India as we wind down our India operations.
Our customers are in America, and that's where our operational work belongs.
Holy.
@SJSU knowingly recruited a man to give them a competitive edge. The coach lied & hid it from the team.
He went as far as to say anyone who disagrees with his allowance to play "needs to get therapy & leave SJSU."
Pull federal funds NOW. https://t.co/6zVESIvTtk