Source: Olga Nesterova on X/Twitter — Private front-end.
People also share that this is causing travel disruption:
Relevant: President Donald J. Trump Suspends the Entry of Certain Alien Nonimmigrant Workers
Source: Olga Nesterova on X/Twitter — Private front-end.
People also share that this is causing travel disruption:
Relevant: President Donald J. Trump Suspends the Entry of Certain Alien Nonimmigrant Workers
Honestly, this isn’t a terrible concept. The execution leaves a lot to be desired, however.
That $100,000/yr would presumably be paid by the employer, because what employee would agree to that?
This increases the cost of their previously-dirt cheap labour by a lot, opening positions for Americans.
Sure dude. Not like companies will offshore entire teams to Asia to save money. They can hire entire team there for a salary of American employee.
Then no H1b workers earning and spending money in USA. That should do wonders for the economy.
Microsoft has ~4 major office buildings in Vancouver.
Amazon has two(one massive) and two warehouses that I know of.
Nintendo has an office.
Salesforce had one of their core dev hubs there.
EA has two massive compounds, their main one which just added 50% capacity.
They won’t offshore them to Asia. They’ll move them back across the border.
And 10 in India. Amazon has 9. Salesforce has 4. What’s your point?
Plus Canadian salaries are much higher than Asian salaries. If companies are trying to save cost, they won’t bother bringing people to Canada. They’ll instead offshore the jobs to other countries.
Canada had their chance during Trump’s first term to set itself up as a safe haven but they wasted it.
Those offices in India are for people that were never going to get H-1Bs. India devs get like 10k-15k/year based on past convos I’ve had with them.
But the offices in Vancouver have traditionally been for H-1B tracked people.
Yeah I suppose that’s a good point.
However, you’d have higher paid Americans spending more money in America.
I dunno. I’m not an economist, but there’s a housing crisis and I feel like companies importing cheap labour is a piece of the problem.
Also, I’m Canadian, so I’m kinda using our TFW program as an analogue, I’m not entirely sure how H1Bs work.
There’s more housing than demand in the US. The cause of the “housing crisis” is institutional landlords who snapped up foreclosures after 2008 for pennies and jacked up rents beyond affordability, as well as keeping units vacant to make it appear that there is constrained supply. There aren’t nearly enough H1B holders to impact nationwide affordability.
It’s a multi-pronged problem, all of which lead you back to the same root problem of corporate greed.
So another “tariff” tax for Americans lol.
Technically yes, but if it keeps jobs in America it’s a much more worthwhile one.
The way it was done is ridiculous though. I’d rather have it stay the same than this crap. Having a fee so companies can’t just outsource for cheaper labor is probably what’s been needed for a while though. $100k is too much and is basically never going to be worth it. And having it apply to everyone instantly is stupid as well.
Making it harder for people to move to the US to work is not going to keep jobs in America. It means companies are more likely to hire foreign talent as remote workers instead.
It’s not a zero sum game. If you make the workforce more expensive guess what, your products gets more expensive, and thus less competitive so you’ll export less and the cycle continues. The production of competitive items will just shift to another country, and if you try to block that (say more tariffs) from coming to the USA, bravo you played yourselves and only now have access to inferior products.
Yea I suppose, but if they pay Americans a fair rate instead of immigrants dirt rates, that tax will be less and Americans on average will have slightly more money.