#h1b

This is from Qualcomm's page here: Post ID: @FlBD4hi-1uic

Disney is the worst of them all - they have a corp office in Orlando, very close to the park, it's on Celebration way - it's like an IT factory, they've built it recently. The carnage is taking place there, not in the park. They are working with a ton of outsourcing companies and laying people off. So for example, they would work with Accenture, and let's say you work for 50 bucks/hr - Accenture tells them, hey I will replace that guy for 30 bucks/hr. But the issue is they cannot find anyone who will do it for 30, so they go to Accenture India and they bring someone from there to work on-shore in Orlando here. So, accenture pays the guy 20 bucks and they pocket 10. The guy is totally underpaid in US terms, but in Indian terms he just doubled his salary.

So you have armies of folks like that who come through Infosys, TATA, Accenture, Deloitte, it's the same concept - the consulting companies have relationships in IT departments, they walk around and look what parts of business they can take, and they pitch low cost resources - it works most of time.

This has nothing to do with 'best and brightest" concept that #H1B was to cover - this is pure labor arbitrage where the outsourcing companies are making a ton of money by f---ing American workers.

All management at the target company knows about this, they are part of this scam as well.

Finally, here is the kicker - the visa application process is expensive and cumbersome (I think it's over 1000 bucks to apply). Also, if you apply you have about 10% chance of being accepted. So, what Infosys (and other) does is compensating the cost - so they will make let's say 10,000 applications, they pay ten million for that but they will manage to get only 1,000 people a visa - it's still good for them as they make 30K per resource a year, the average tenure on a contract is three years. So on each person they make 90K in three years, so on 10 million invested, they get 90 million in outsourcing revenue - this stuff is pure margin for them (let's say 80% margin as overhead is minimal).

So, if you look at the stats with TATA, Infosys, WIPRO, etc. bring in 3K every year, there is ton of money in this game - this is HIGHLY profitable for them, as contracts are long term and they go so deep in that the client have very difficult time getting rid of the folks who get hired.

I hope this helps...

One of the key reasons you lost your job is that every year 100,000 IT resources are imported at low rates via #H1B visa system. The system is designed to bring in the best and the brightest of the world, in reality, they are bringing in low to medium skilled workers and they are paying them 50% of what the market would bear here.

For example, companies like Tata, Wipro, Accenture and IBM will bring in a testing engineer at $60K/year and replace a $100K/year domestic testing engineer. The vast majority of H1B folks are brought in to work at low and med level jobs - has nothing to do with talent, it's all about compensation. Once they are in, they are stuck at $60K (legal minimum) for about 5 years and they cannot move companies as they would lose the visa sponsor.

So, do your math, and figure out how many Indians were imported at 50% of regular wage since late 90s - what's that, probably 20 years of imports, at 50K to 100K resources a year, you see where I am going with this.

Trump was strongly opposing this scam, however he flip-flopped on it last night and did a full 180 on the issue. In addition, really, this has nothing to do with the president as it'll have to clear the Capitol, and I am not sure if that would ever happen.

Also, keep in mind, Trump's rhetoric about tariffs is a zero sum game - while we have a large deficit, it's only a few percent of our international trade - so, if you start with tariffs you basically shut down international trade which is great as we will not be importing shirts from China and we'll start making them in Yuma, AZ. But on the other hand, China will also stop buying Cummins engines, Boeing Airplanes, IBM Consulting, etc. So, now we are all fair and square, and they do not f--- us anymore, but now we are both f---ed and shipped back to our lovely economic medieval swamps.

I'd rather have a status quo even though I hate everything about it - going Trump is a suicidal experiment...

The anchor has no clue what he talks about

Former Disney Employees

Former Disney Employees Speak Out About Outsourcing Of High-Tech Jobs Through The #H1B Visa Program: https://www.youtube.com/watch?v=LAHtNQo3eog

What are you basing that 75% #H1B number on?

Got layed off in 2009 within Data Protection Tech Marketing group at corporate, actually met the current President while he was a consultant for an outside firm and he told me he may become the CEO of NetApp.

I have been in High Tech for way to many years and always enjoyed NetApp. I just started doing some NetApp work again for a firm. I just am happy to have a job as a middle class engineer, however I read an article about 75% of Silicon Valley Tech workers are foreign i.e. H1B visa. It is bogus for corporations to say they need more when these lays offs happen so often!!!!!! People are the greater assets then Wall Street. So be carefull what you wish for CEO's

@GcXfu4f-pbc - you nailed it

Oh look, another corporate shitbag selling out a company to #H1B visa workers. Let me guess, only the Indians will remain at NetApp after this? Lick my left one.

Here is a quick summary of the severance guidelines (link below) - most people here will give you info that they have - which is in many cases outdated.

Ginni changed the rules as they prep to lay off more folks and they simply do not care about workforce any more - IT is being #commoditized and there always a brand new and super-cheap #H1B waiting to foll your shoes...

Anyhow, there is the link: http://www.zdnet.com/article/ibm-alters-severance-terms/

A perfect example of planned #H1B abuse

We HP and was asked to come from a perfectly good job but promised more technical abilities and chances to show my stuff. A true pipe dream as I watch good knowledgeable people get the layoff notice and our customers are suffering big time. Jobs are going to Indian workers brought onshore because they will work like dogs even though our client cant understand a word they say and neither can we. Morale is in the toilet and everyone is just trying to hang on as long as they can. I don't see HP around in five years andI can only hope a decent conglomerate buys it out. Meg Ryan can continue to collect her huge salary and bonus and try to pretend to the employees that HP will make it.

No raises in the last two years shows whats coming. I have always tried to do my very best but it gets harder as I am truly embarrassed for our client and the service we are NOT providing anymore.

Nobody wants to talk to the press

would you be interested in talking to press. I have friends at press. They would love to hear these kind of stories. Outsourcing, replacing by cheaper #H1b etc are stories they are always looking for. This would be confidential.

As long as there are cheap #H1B visa workers they will outsource, once that stops, jobs will return to Americans in IT

As long as there are more #H1B workers to hire, you will see layoffs at Pepsi - it's a simple math kind of a thing - with every visa person they bring on board (internally or as a outsourced or contracted person) they cut payroll in half (for that particular position)...

Frito Lay and Heinz Merger

Anyone heard anything about Heinz buying FL? Not sure I'd care much if I got popped... I'm so sick of the 18 month layoff cycle, it's ridiculous. Makes senior management look TOTALLY incompetent. Never seen a company that's so profitable that's so unstable.

Never made sense, good luck developing an advanced tech platform using #H1B resources

No, let's have Ted Cruz triple #H1B visa quotas as he plans.

Horrible, more #outsourcing, #offshoring and #h1b scam

Outsourcing. - I've heard they are going to outsource all of IT and Finance. Very reliable source closed door meetings

OK bro - US IBM employees... How many of them are legally working in the US but are of Indian origin and currently have an #H1B visa?? Take a peak at the government listings - thousands and thousands of H1Bs were brought in, they are on US payroll, but working for wages lower than the prevailing rate - that's how they make money - and good luck for Hertz folks transitioning to IBM they will be kept until they train Indians who will do the job for 1/10th of the price - here is your data http://h1bdata.info/index.php?em=IB&job=&city=&year=All

And #H1B folks

More outsourcing and job cuts

Will happen this year and next year, E&E 2020 and Follow the Sun initiatives. Expect 5% cuts this year in IT. More work will be sent to India for IT.

Another #H1B scam

Hertz lays off 250+ IT employees today (20-Feb-2016)

Today Hertz decided to layoff 250+ IT employees across the country. some of the jobs are being outsourced to IBM.

@ppy when it comes to #H1B visas, most of Indian pure players abuse visas 100x more than we do - I am not saying we are perfect but we do bring in just a fraction of H1Bs if compared to Tatas and Wipros of the world

All of them abuse #h1b visas

All Contractors are under performed at One Shell and Two Shell Plaza and all these contractors are from Accenture,IBM and Wipro must be fired.

All these contractors if retained by Shell then there is 1000% chances of shutting down Shell Oil Business.

Also all under performers must be fired immediately without any notice.Shell Oil must be honest in its HR Policies and procedures while hiring contractors since these contractors do zero job but earn thousands in salary.

If #H1B is to hire the best and the brightest of the world, the threshold should be $200K not $110K which is peanuts in high cost areas (California, NYC, DC, etc.) - they will accomplish nothing on 110K

It's time for that #h1b scam to stop - seriously...

We do not have a #H1B problem, we have a Dell problem

Why do we need #H1B program?

Well more reasons to stop the H1B program and replace it with a green card program. Trump will make America great again.

I do not think #H1B folks are our problem

It becomes filled with h1b1 workers and they talk about how great it is to be making $19/hr as long as they have a job title?