Explorer

Google, Meta, Amazon, Other Tech Giants Hiring Low-Paid H1B Workers After Massive Layoffs: Report

According to a report, the recently released data by the US Department of Labor has shown that Google, Meta, Amazon, Microsoft among other tech firms have applied for thousands of H1B worker visas.

Despite mass layoffs by global tech giants, some top Silicon Valley companies are reportedly seeking to recruit cheaper tech workers from abroad. According to a report by independent investigative journalist Lee Fang, the recently released data by the US Department of Labor has shown that Google, Meta, Amazon, Microsoft, Zoom, Salesforce, and Palantir among other tech firms have applied for thousands of H1B worker visas this year. 

It is ironic that thousands of workers on H1B visas, including those from India, have been impacted by the layoffs in the US, leading many to share the news on social media and explore new job opportunities, the report noted. 

According to a report, Google filed applications for H1B visas to hire lower-paid tech workers from foreign countries just a month after announcing its plan to cut 12,000 jobs worldwide in January. The visas were for roles including software engineers, analytical consultants, and user experience researchers, with some requests aimed at new Google employees to join in August. Google parent Alphabet-owned Waymo too has reportedly filed similar H1B applications to hire engineers.

Meta too has reduced its estimated workforce by nearly 25 per cent in a few months as CEO Mark Zuckerberg named it the "year of efficiency" in the wake of the downsizing US tech sector, the report noted. 

Also Read: 23 Per Cent Salaried Employees Not Prepared For Emergencies, Lack Financial Planning: Report

Amazon CEO Andy Jassy also announced a plan to reduce another 9,000 jobs from the online retail giant's workforce in March after the 18,000 that were cut in January. However, the number of layoffs at Amazon accounts for a smaller percentage of its total workforce, which reached 1.5 million in December 2022, compared to other tech giants. Jassy told workers that the extra layoffs were necessary as the company seeks to downsize after years of hiring, particularly during the coronavirus pandemic when people turned to the internet for shopping.

Microsoft announced in January that it would cut almost 5 per cent of its global workforce, equating to 10,000 jobs, to prepare for a potential economic downturn. CEO Satya Nadella in an email to employees said that the company would continue to hire in important strategic areas, despite the job cuts. CEO Satya Nadella said, “While we are eliminating roles in some areas, we will continue to hire in key strategic areas.”

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Protestors Vandalise Allu Arjun's Residence In Hyderabad, Eight Arrested
Protestors Vandalise Allu Arjun's Residence In Hyderabad, Eight Arrested
Maharashtra Deputy CM Ajit Pawar Acknowledges Discontent Over Portfolios: ‘Obviously Some Are Not Happy’
Maharashtra Deputy CM Ajit Pawar Acknowledges Discontent Over Portfolios: ‘Some Are Not Happy’
PM Modi Receives Kuwait's Highest Honour 'The Order Of Mubarak Al Kabeer'
PM Modi Receives Kuwait's Highest Honour 'The Order Of Mubarak Al Kabeer'
'Why So Much hatred For Delhi': Kejriwal Attacks BJP For 'Excluding' Capital's Tableau From Republic Day Parade
'Why So Much hatred For Delhi': Kejriwal Attacks BJP For 'Excluding' Capital's Tableau From Republic Day Parade
Advertisement
ABP Premium

Videos

Mamata Machinery IPO Opens for Subscription, Closes on Dec 23, Expected Listing on Dec 27Complete Farmer Registry Update by Dec 31 to Receive PM Kisan 9th InstallmentWoman Dies in Mohali Building Collapse, Rescue Operations UnderwayHuge Black Money Seized in Madhya Pradesh Lokayukta Raids, Over Rs 7.98 Crore Discovered

Photo Gallery

Embed widget