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It will not happen at least next 3 weeks

Quarterly results were good but still stock price didn’t go up. Layoffs will happen when market sentiment improves and Oracle will trade off human capital against stock gains.
They will hire again as they need to deliver.
They can always hire cheap and train on repetitive process. New hire will always put extra hours and will try to prove as much as possible.


FYI - DHS proposing $103,265 fee for many new H-1B petitions

Bloomberg Law is reporting that DHS is proposing a new $103,265 fee for cap-subject H-1B petitions, including petitions involving workers who are already in the United States.

This is separate from the earlier $100,000 H-1B entry fee that applied primarily to workers being brought into the country. That fee was struck down by a federal judge and is currently being appealed.

A few key points:

  • The proposed fee would apply to H-1B petitions subject to the annual cap.
  • That includes the regular 65,000 H-1B slots and the additional 20,000 advanced-degree slots.
  • Universities, hospitals and certain research institutions would be exempt under the new proposal.
  • The $103,265 would be in addition to other H-1B filing costs.
  • DHS estimates the fee could generate approximately $8.8 billion per year.
  • The US Chamber of Commerce says the fee could make H-1B hiring cost-prohibitive for many startups and small and midsize employers.

For employers that hire significant numbers of H-1B workers, this could materially change the economics of hiring. A company hiring 10 cap-subject H-1B employees could potentially face more than $1 million in these fees alone.

This is currently a proposed rule, not a fee that has already taken effect. The Bloomberg Law report is dated August 24, 2026.

Something to watch, especially at companies that rely heavily on H-1B hiring.

https://news.bloomberglaw.com/daily-labor-report/new-100-000-h-1b-fee-planned-for-foreign-workers-already-in-us


Whoop Plans Significant Expansion Amid AI Job Concerns

Wearable tech company Whoop plans to hire over 600 employees in 2026, representing substantial growth. This hiring spree contrasts with recent predictions of significant job losses in Massachusetts due to AI. CEO Will Ahmed believes AI can be a "force multiplier" rather than a job displacer. The company is launching a new program to attract graduating college seniors. Whoop's expansion highlights a different perspective on the impact of artificial intelligence on the workforce.

Boston, MA

https://www.masslive.com/business/2026/09/bucking-ai-layoffs-narrative-whoop-ceo-says-company-will-hire-600-this-year.html


Cigna’s hiring process and lack of communication

Is anyone else noticing that Cigna’s hiring process has become extremely tedious and lacking communication? I worked here for years and left the org to gain greater experience because as I tried to advance I was running into roadblocks with my background not being enough. I have been trying to get back in for years. I make it to the hr interviews and told I’m progressing forward. Then an interview never comes and recruiters and communication is awful on just simply telling me no. Is anyone else experiencing this?


Hiring while PIPing

We are in such a strange place right now as a company. Clearly there is a shortage of skilled workers. At the same time we are doing everything imaginable to make the skilled workers we have feel miserable and leave. We are also hiring experienced hires and college graduates. It makes zero sense. What is the goal here?


Some Tech Jobs Growth At Least

I hope this is at least a bit of good news for folks that got affected - summary & link below:

  • U.S. tech employment grew by 86,000 workers in August 2026.
  • Tech companies themselves cut about 14,700 jobs.
  • More than 320,000 active job postings required AI-related skills.
  • Employers are shifting from AI experimentation to real-world implementation.
  • Nearly 600,000 tech-job openings remained active, with 42% newly posted.
  • Much of the tech hiring is happening outside traditional tech companies.
  • AI-related roles are rising rapidly while traditional software-development hiring is weakening.

https://www.hrdive.com/news/technology-employment-is-growing-despite-tech-sector-layoffs/829894/


College hires

So with all of these college hires that Sam’s have what is the plan when they all go back? Do we just have 3 per shift? Since Sam’s doesn’t want to hire anybody….anyone?


Burlington Stores Relocates Headquarters to Philadelphia

After over fifty years in South Jersey, Burlington Stores has announced its relocation to Philadelphia. This move is part of a significant investment totaling $370 million, supported by $30 million in state grants. The company plans to transfer 1,500 employees from New Jersey to the new headquarters and hire an additional 500 individuals. Burlington will maintain its New Jersey warehouse and distribution centers. This announcement comes as Campbell's Co. recently laid off approximately 515 employees due to declining sales.

Philadelphia, Pennsylvania

https://www.inquirer.com/south-jersey/burlington-stores-headquarters-philadelphia-move-moorestown-american-ninja-warrior-winner-20260904.html


New Morning Duo Joins Houston Radio

Audacy Country station 100.3 The Bull in Houston has announced a new morning show. Matt Wood and Lois Lewis will host "The Morning Bull with Matt & Lois." Lewis previously worked at iHeartMedia in Phoenix and KWNR Las Vegas. Wood most recently hosted a syndicated show for Townsquare Media. The new program is set to debut on September 17th. This show replaces the previous morning hosts who departed in March.

Houston, TX

https://radioinsight.com/headlines/372030/matt-wood-lois-lewis-to-host-mornings-at-100-3-the-bull/


Dear HR : Since when background checks are Not mandatory for hiring ??

Like dr-g tests/criminal history check etc.. why aren't H1B/STEM visa holders' background is not being checked IF they had maintained the 'legal status' prior to being a Fiserv employee ??

  1. Creating fake pay stubs while on H1B with an 'uncle's garage consulting' company is not Legal. Hiring them even through Infinite is not legally approved since they already violated the H1B visa requirement ( lied to USCIS to have a paid position ).

  2. STEM visa has a time limit. Prior long breaks make it invalid for not meeting the requirements and the individual becomes out of legal status.


Get lean for thee not for Me

They have to cut at the bottom to keep creating new senior roles. Developers in my group get RIFd and more bloat gets added

'FIS is looking for a VP, Head of Program Management & Strategic Initiatives to join our Technology organization at FIS in Jacksonville, FL'.

'At FIS, we're looking for a VP of Technology Partnerships & Vendor Management'


GCC hiring control

How is the control on hiring, pay rate and promotions going to be handled? Is that control retained by MDs and Directors onshore? Curious as I came across shady hiring practices where pay was not in onshore leadership control, not even the role level. This might open a gap and vulnerability in the system where local leadership in GCC might favor the frenzy.

Genuinely curious as I know how much of a power politics Indian leadership in GCC can play if not cautious. If the few genuine leaders lose the leash, we might be a gone case (scared as I am indian and realize power play when I see one)


This is how it is...

FIS Indian employees getting onto interview panels and rejecting qualified American candidates in favor of preferred candidates.
Interview questions and confidential hiring information being passed to friends or associates before interviews.
Interviewers receiving commissions or kickbacks when preferred candidates are hired, including payments connected to staffing vendors.
Once hired, favored employees receiving better assignments, visibility and promotion opportunities.
American workers being given unrealistic deadlines, criticized, marginalized and eventually pressured to resign.

Their words for what happens inside the company:
“This is called systemic pressure.”

Then they describe a second type of “syndicate.”
According to the source, managers and their subordinates become partners in grocery stores and restaurants, particularly around Atlanta, Jacksonville and Brown Deer. They rotate responsibilities so one of them is always at the business, creating another source of income outside their corporate jobs.

We’re constantly told FIS Indian is about hiring the “best and brightest” and the “most qualified.”

But what if the American candidate never had a fair shot in the first place?


Wells Fargo Continues Workforce Reductions

Wells Fargo executives indicated that further layoffs are expected as the company aims to increase efficiency. Technology and AI are expected to play a role in achieving this goal. The bank has seen its employee count decrease for 24 consecutive quarters. Despite overall staff reductions, Wells Fargo is actively hiring in high-growth sectors and technology roles. This strategic hiring aims to expand market share and enhance client relationships.

Charlotte, North Carolina

https://www.charlotteobserver.com/news/business/article316519034.html


Has Anyone Else Experienced Bias in Their Job Search?

I’m beginning to notice a troubling pattern in my job search. When the hiring manager is Indian or most members of an interview panel are Indian, I rarely advance. Looking back, my successful applications all involved white, non-indian, interviewers.

I understand that this pattern alone does not prove bias and that many factors influence hiring decisions. Still, after losing my previous role to HIH and seeing that IT departments are majority Indians, it is very disheartening to think that I
might never find a job again. I am competing with Indians here and outside the US.

This is not a judgment about every Indian interviewer or hiring manager. It is an honest observation about my own experiences and a pattern I believe is worth examining. Has anyone else noticed possible affinity bias during their job search? Have you noticed the ratio of Indians and non-Indians in your team?


Dell vs NVIDIA

NVIDIA has approximately 42,000 full-time employees and just reported $96.2B in fiscal 2027 quarterly revenue, with projections to do 110B next quarter. They could easily surpass $500B within the next two fiscal years. That's nearly $12M in annual revenue per employee.

Dell Technologies reported an annual revenue of $113.5 billion with an employee headcount of approximately 97,000 full-time workers. That's 1.1M in annual revenue per employee.

NVIDIA has 43% of the total number of employees to Dell yet it is on track to bring in well over 10x the total amount of revenue per employee. Leadership!

Nvidia is hiring, Dell is firing. Nvidia is growing rapidly, Dell is dying.