As of last month, the Canadian government says more than 6,000 U.S. H-1B visa holders had arrived in Canada so far this year. That’s after massive layoffs left high-skilled foreign H-1B holders in limbo.
“The highly educated foreign national is really at the mercy of the U.S. employers,” said Annie Beaudoin, a former Canadian immigration officer.
The visa has become increasingly competitive since its creation in 1990. For 2024, the U.S. Citizenship and Immigration Services received 758,994 eligible applications, but only 188,400 were selected for the final drawing to get an H-1B visa.
“It is very stressful,” said Harnoor Singh, a software engineer at Microsoft and H-1B visa holder from India. “It took me three times to get accepted in the lottery.”
For once I don’t think I have to read the article to figure out why.
Big tech can find other ways to increase their revenues. The rest of us don’t care.
I just want to remind everyone that businesses are making these layoffs decisions. Another nation is capitalizing on bad business decision made by the biggest tech companies in the world.
Tech Businesses layoff thousands. Canada scoops up h-1bs.
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As of last month, the Canadian government says more than 6,000 U.S. H-1B visa holders had arrived in Canada so far this year. That’s after massive layoffs left high-skilled foreign H-1B holders in limbo.
“The highly educated foreign national is really at the mercy of the U.S. employers,” said Annie Beaudoin, a former Canadian immigration officer.
The H-1B program targets highly educated and specialized foreign workers in fields such as tech and health care. Big tech companies like [Amazon](https://www.cnbc.com/quotes/AMZN/), [Google](https://www.cnbc.com/quotes/GOOG/), [Microsoft](https://www.cnbc.com/quotes/MSFT/), [Meta](https://www.cnbc.com/quotes/META/) and [Apple](https://www.cnbc.com/quotes/AAPL/) all [sponsor thousands of applicants](https://www.uscis.gov/tools/reports-and-studies/h-1b-employer-data-hub) each year.
The visa has become increasingly competitive since its creation in 1990. For 2024, the U.S. Citizenship and Immigration Services received 758,994 eligible applications, but only 188,400 were selected for the final drawing to get an H-1B visa.
“It is very stressful,” said Harnoor Singh, a software engineer at Microsoft and H-1B visa holder from India. “It took me three times to get accepted in the lottery.”
Full video: [https://www.cnbc.com/2023/11/14/why-the-us-has-lost-thousands-of-high-skilled-workers-to-canada-.html](https://www.cnbc.com/2023/11/14/why-the-us-has-lost-thousands-of-high-skilled-workers-to-canada-.html)
More jobs for Americans.
For once I don’t think I have to read the article to figure out why.
Big tech can find other ways to increase their revenues. The rest of us don’t care.
I just want to remind everyone that businesses are making these layoffs decisions. Another nation is capitalizing on bad business decision made by the biggest tech companies in the world.
Tech Businesses layoff thousands. Canada scoops up h-1bs.