The U.S. technology industry laid off 168,000 people! At the same time, we will increase efforts to attract low-paid foreign employees.

News on May 17, according to ITBEAR technology information, a report shows that technology giants such as Google, Meta, Amazon, Microsoft and Salesforce have recently laid off thousands of employees. A large number of low-wage foreign workers are hired to work in the United States.

Investigative reporter Lee Fang noted in his Substack newsletter that after Google laid off about 12,000 employees earlier this year, it quickly submitted dozens of applications to the U.S. government in hopes of recruiting foreign workers to fill positions such as software engineers, analytics consultants, user experience researchers, and more. Vacancies. In addition, Google's self-driving company Waymo has also been approved for H-1B visas to recruit engineers. According to Lee Fang reported that these foreign workers will join Google by August 17.

The report also mentioned that companies such as meta, Amazon, Zoom, Salesforce, Microsoft and Palantir have also increased the number of applications for H-1B visas. The H-1B visa is a visa for software engineers and other technology industry personnel. It is issued every three years and can be extended for three years.

According to a 2017 National Bureau of Economic Research study, without immigration, U.S. computer scientist wages would have been 2.6 times higher in 2001 % to 5.1%, and employment levels will be 6.1% to 10.8% higher. As a result, the number of applications for H-1B visas in the technology industry has continued to increase in recent years, raising "serious concerns" about abuse of the system to gain unfair advantages. According to Lee Fang said technology companies have hired lobbying groups to pressure lawmakers and the Biden administration to expand the number of H-1B visas issued.

The U.S. Citizenship and Immigration Services revealed that it received a total of 780,884 H-1B visa applications this year, an increase of 61% from last year’s 483,927 applications. Only a maximum of 85,000 people can be selected to receive H-1B visas each year.

According to data from the Layoffs.fyi website, as of this year, the number of unemployed people in the U.S. technology industry has exceeded 168,000. People are beginning to question the phenomenon of technology giants simultaneously laying off employees and recruiting foreign labor.

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