This is a real eye-opener. Do you know how to fix how stupid I am? Tell me what's wrong with my analysis.
Here's a report: https://www.reuters.com/business/finance/us-lawmakers-scruti.... Is it factually wrong that "In the first half of 2025, Amazon and its cloud-computing unit, AWS, received approval for more than 12,000 H-1B visas, while Microsoft and Meta had more than 5,000 H-1B visa approvals each" and that they did layoffs?
It's hard to see how H-1B hiring could move meaningfully either up or down, given that the number of H-1Bs is capped at 65,000 [1] (+ 20,000 for advanced degrees), no company is going to pay for the process of getting an H-1B visa and not actually hire into it, and if a person on an H-1B loses their job they lose their visa in 60 days. You know exactly how many H-1Bs there are in the country: it's mandated by Congress.
What has changed is that they are or will soon be allocated by pay level instead of randomly. That's going to bias hiring toward Big Tech firms like Microsoft and Meta and away from body-shops like Infosys and Wipro.
These are the companies that receive the most H1B approvals because they have large numbers of high skill employees, so it isn’t surprising that they have thousands of visas approved. But the total number of visas across the country is capped annually per the law (by Congress). All H1B workers combined are still only a fraction of a percent of the total jobs in America.
Another thing to keep in mind that these are also the largest and most innovative companies, and that’s in part due to having access to the best available talent. Those H1B workers cost the companies MORE than American workers. These companies have standardized compensation by job and level and it isn’t different for immigrants. But immigrants come with the additional costs of the immigration process, on top of having the same salary. This isn’t a cost saving measure, it’s a path to continuing to stay innovative and relevant.
As for layoffs - these are mega corps so one part of the company may be doing layoffs in their business while another business within the same company is hiring. And you’re seeing the total effects (layoffs and hiring), and it seems contradictory, but it’s actually just a bunch of little decisions that aren’t tied to each other.
The thing about all of these responses, factual as they may be, is that they don't address the issue we're discussing. Regardless of whether the number is fixed or how much the employees are paid, thousand of people lost their jobs. I'm sure a few are active on the board here. It looks bad when you request visas and do mass firings.
Here's a report: https://www.reuters.com/business/finance/us-lawmakers-scruti.... Is it factually wrong that "In the first half of 2025, Amazon and its cloud-computing unit, AWS, received approval for more than 12,000 H-1B visas, while Microsoft and Meta had more than 5,000 H-1B visa approvals each" and that they did layoffs?