Jai

Personal Finance 📈 | Software | Humor | Current Affairs 💵💻🏝️🎲

[Jai @jaisig]

@VivekGRamaswamy All this to eventually see an H1B visa holder get the job you deserve . Amiright?

[Jai @jaisig]

@UnfiltdTruth Last line though - total comp is 300k 🤷‍♂️

[Jai @jaisig]

@Anc_Aesthetics Interesting outlook …

[Jai @jaisig]

@UnfiltdTruth Meanwhile , on Reddit …

[Jai @jaisig]

@GayBearRes Happening at small and mid tier companies for sure - almost no one left in the US . Large presence in India , and hiring strictly there . PE owned companies specialize in this :(

[Jai @jaisig]

@USTechWorkers Has been happening at smaller companies for the last few years now . Only hiring in India

[Jai @jaisig]

@USTechWorkers Even worse , replacements will be hired in India . Keep an eye on their non US headcount .

[Jai @jaisig]

@USTechWorkers Even 1 is too many when it is an American worker being laid off and a foreign worker getting that job. No other country does that.

[Jai @jaisig]

@nasescobar316 Apparently they are also planning to cut ‘low performing’ workers in the US soon :(

[Jai @jaisig]

@MacroEdgeRes Even worse , replacements will be hired in India . Keep an eye on their non US headcount . Crazy that this keeps happening …

[Jai @jaisig]

@UnfiltdTruth lol , don’t forget those scores of L1 visas either , sigh what a scam …

[Jai @jaisig]

@War4theWest There is news that his company will be laying off ‘low performing’ workers in the US soon 🤷‍♂️

[Jai @jaisig]

@SenSanders … keeps happening :(

https://t.co/f6lJTz0xih

[Jai @jaisig]

@SenSanders While you are right, this needs to also include L1 visas ( where local hires from other countries are simply transferred over to the US) as well as offshored jobs. A lot of companies of all sizes are laying off in the US while hiring in India and other places .

[Jai @jaisig]

@lhfang Even big tech companies like Microsoft , Amazon etc have dev centers in India . They hire thousands of people there , then bring some over regularly via another kind of visa (L1) claiming they could not find local talent . Look up their employee numbers in India and the # of L1s

[Jai @jaisig]

@vdare Big tech companies like Microsoft and Amazon post thousands of jobs with candidates already working for them. Then they don’t interview for those- and in time apply for a H1-b visa for that candidate since they were not able to find anyone local. This is rampant in tech …

[Jai @jaisig]

@USTechWorkers The interview style at most major tech companies ( leercode style ) , is also similar to entrance exams like they have in India. It has nothing to do with the actual work and people just cram and game it to get in , unfair to American workers since they are not used to this …

[Jai @jaisig]

@mcuban @costplusdrugs It is actually pretty straightforward and fairly priced .

[Jai @jaisig]

@thewealthdad Wonder what bad economy those exit polls were referring to 😄

[Jai @jaisig]

@RV_on_FIRE Good luck , will be following along