I work for banks. I’ve been screaming that they are absolutely stuffed full of H1b Indians for a few years here when people want to keep saying “tech”. No, its not just tech. What really opened my eyes was seeing just how many the banks were employing right in the middle of the Great Recession. Even as millions of Americans were out of work - plenty who could have been productive employees of these banks, they still were claiming that they couldn’t find good workers here and “needed” hordes of H1bs.
Not just Indians, but other Asians as well (including “Orientals”); I’ve posted since the 2007/2008 Recession that many financial firms in NYC simply traded their American workers for foreigners. When “Occupy Wall Street” was born, those American workers were demonstrating outside the offices of their Wall Street employers - and you could clearly see on the news the foreign replacements filing into the buildings behind them. I kid you not.
Some Americans who were able to find work after the layoffs realized that firms had simply swapped staffs to reset the wages and any perks related to seniority; at 50 or 60 years of age, they’d been reset with lower salaries and back to two weeks vacation...