Thread regarding CVS layoffs

TATA Cut Off

TATA Consulting Services CEO K. Krithivasan indicated the company will halt new H-1B recruitment and shift toward hiring locally in the US and other priority markets. TCS remains the largest US H-1B employer with 98,259 hires from 2009 to 2025, including 5,505 in 2025. He said the US already has sufficient H-1 staff, renewals will be selective, and local participation will rise, linked to AI work that needs client proximity and broader skill mixes, similar to TCS’s high local staffing in Latin America, the Middle East, and Asia-Pacific.

Analysts read this as a wider pivot in visa strategies. They expect companies such as Amazon, Cognizant, and Microsoft to favor L-1 transfers to avoid about 100,000 dollars per H-1B applicant, reducing fresh H-1B demand and speeding a move to L-1 routes for US roles.


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| 2461 views | | 11 replies (last October 20) | Reply
Post ID: @OP+1k7fd6evt

11 replies (most recent on top)

Bye cant wait till they cut them. Our FTE developers have been retiring left and right its so bad! Our Exec doesnt want to pay. Just keeps loading more work on them. Offshore guys dont have the knowledge and their work is low quality...cvs gets what they pay for

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Post ID: @18k+1k7fd6evt

@r5 hi welcome to late stage capitalism. Almost every Fortune 500 outsources. Whatever America-first b.s. they are promising is a lie and only temporary until AI can replace those jobs in the first place :)

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Post ID: @s3+1k7fd6evt

all companies that oursource are JUNK. it just means that the mgmt cannot develop their own org and they cannot do the work of steering internal resources.

it speaks about quality of your mgmt, executive mgmt.

there are no examples of high performing companies using outsourcing, only the laggards attempt to do this and ultimately they always pay the price. but that does not matter for the execs cause by the time the negative consequences of outsourcing kick in, the execs are long gone together with their golden parachutes.

the shareholder should get smarter but they also may have an incentive to boost share $$$ in short term so they can jet and leave su-kers holding the bag.

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Post ID: @r5+1k7fd6evt

h1bs are paid less than the regular ones for any job! espcially indian companies like TCS, CTS pay basic pay and bill the clients 50% more. Thats how they make money and survive..

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Post ID: @r4+1k7fd6evt

As any company should....it's wrong to not take care of our own. This is one big reason why our country is suffering. Now they need to force employers to pay living wages and start enforcing rent control. There is no reason an average (decent) 1 bedroom apartment should cost $1700 in a small city.

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Post ID: @ph+1k7fd6evt

@d4 Especially with the AI the H1Bs helped build.

If you think public companies will magically spend more money on thousands of American workers to sacrifice shareholder returns, you've got another thing coming to you...

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Post ID: @fy+1k7fd6evt

Less H1 visas does not equal more American workers. They will just do it with less people.

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Post ID: @d4+1k7fd6evt

the gov will start taxing offshore work too.
double whammy for tcs.
cvs will pay the price of betraying the american worker.
distgusting.

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Post ID: @ak+1k7fd6evt

they pay peanuts where as us companies pay double to triple of that

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Post ID: @a5+1k7fd6evt

It is about time they start favoring American workers with plenty of jobs and wages that are not diluted by the foreign workers.

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Post ID: @a4+1k7fd6evt

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