Tuesday, June 6, 2023

Report: Big Tech Corporations Continue Hiring Foreign H-1B Visa Workers After Mass Layoffs of Americans; A comprehensive list of 2023 tech layoffs: From major layoffs at Google, Amazon and Microsoft to small fintech startups and apps

Getty Images for SXSW
Report: Big Tech Corporations Continue Hiring Foreign H-1B Visa Workers After Mass Layoffs of Americans:
The nation’s biggest tech conglomerates continued hiring foreign workers through the H-1B visa program, even as they carried out mass layoffs of American employees, investigative reporter Lee Fang details.
Since the start of the year, hundreds of thousands of Americans in tech jobs have been laid off, with about 12,000 cut at Google, 10,000 out at Microsoft, close to 20,000 laid off at Amazon, and 10,000 cut from Meta Platforms which owns Facebook and Instagram.
Just weeks after announcing such layoffs, though, the same tech corporations continued hiring foreign workers on the H-1B visa program — known as the “outsourcing visa” to many Americans.
Silicon Valley’s biggest tech corporations are continuing mass layoffs in the U.S., even as they import more than 34,000 foreign H-1B visa workers to take coveted white-collar jobs in STEM fields, new analysis shows. https://t.co/tfbWMag418

— Breitbart News (@BreitbartNews) April 12, 2023
Lee Fang, formerly of The Intercept, reports:
Sundar Pichai, the chief executive of Google, wrote a solemn letter in January, announcing his company’s decision to lay off 12,000 employees. [Emphasis added]

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Just one month later, Pichai’s firm filed applications for low-paid foreign workers to come to America and take highly specialized tech jobs. Google filed dozens of applications for foreign workers to serve as software engineers, analytical consultants, user experience researchers, and other roles. Waymo, the self-driving car company owned by Google, also filed and received visa applications for engineering jobs. Many of the Google visas are for new employees, with some starting as soon as August 17th. [Emphasis added]

Newly disclosed data released yesterday by the Department of Labor shows thousands of recent H1-B foreign worker visas requested by firms that just underwent massive layoffs this year, including Facebook/Meta Platforms, Amazon, Zoom, Salesforce, Microsoft, and Palantir. [Emphasis added]
--->READ MORE HERE
Image Credits: Bryce Durbin / TechCrunch
A comprehensive list of 2023 tech layoffs:
From major layoffs at Google, Amazon and Microsoft to small fintech startups and apps
Last year’s techwide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like Google, Amazon, Microsoft, Yahoo, Meta and Zoom. Startups, too, have announced cuts across all sectors, from crypto to enterprise SaaS.
The reasoning behind these workforce reductions follows a common script, citing the macroeconomic environment and a need to find discipline on a tumultuous path to profitability. Still, tracking the layoffs helps us to understand the impact on innovation, which companies are facing tough pressures and who is available to hire for the businesses lucky to be growing right now. It also, unfortunately, serves as a reminder of the human impact of layoffs and how risk profiles may be changing from here.
Below you’ll find a comprehensive list of all the known layoffs in tech that have occurred in 2023, to be updated monthly. If you have a tip on a layoff, contact us here. If you prefer to remain anonymous, you can contact us here.
The running total of layoffs for 2023 based on full months to date is 168,243, according to Layoffs.fyi. Tech layoffs conducted to date this year currently exceed the total number of tech layoffs in 2022, according to the data in the tracker. --->READ MORE HERE
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