Posted on 09/16/2015 8:45:38 AM PDT by ConservingFreedom
Hewlett Packard Enterprise (NYSE: HPQ) announced on Tuesday that the company will cut about 10 percent of its 300,000 member workforce, but appears to be moving “forward” with expanding its use of H1-B foreign immigrant visas. [...]
The new job slashing is in addition to the 54,000 job layoffs already taken by HP and are expected to mostly hit workers in North America, according to Bloomberg.
Despite the huge employment shrink, according to the myvisajobs.com website: “Hewlett-Packard filed 2668 labor condition applications for H1-B visa and 815 labor certifications for green card from fiscal year 2011 to 2014. Hewlett-Packard Company was ranked 30 among all visa sponsors.”
Breitbart News reported the February in Obama Administration Just Gave Away a Million more ‘Green Cards’, that the Administration was expanding the 650,000 H1-B visa holders living in the US to offer “green card” U.S. work permits to about 600,000 H1-B spouses and 400,000 children between the ages of 14 to 20.
Carly Fiorina in June warned that the foreign worker program used by Hewlett Packard and other companies “was very different 10 years ago than it is now.” She added, “It’s become an issue, where people are using it as almost an industry. It’s become an issue where it appears that some companies that are abusing that program and asking American workers to train H1-B visa replacements so they can lower wages.”
Fiorina highlighted that there are currently at least 16 different visa programs. [...]
Fiorina added that when it comes to H-1Bs and the other federal programs, “We’ve got to fix the legal immigration system. People have talked about it for 25 years.” [...]
(Excerpt) Read more at breitbart.com ...
No first-hand account of such training says it was restricted to the specifics of a company.
But if it is such bad business to hire H1-Bs in the current system, their employers presumably will pay the cost of that.
They will - with significant collateral damage to the American middle class in the meantime.
If you're going to have any cancer, prostate cancer may be the best one to have - but having none is better still.
Obviously, the employers think that with that on-the-job training they can do the job the employers want them to do—so I really don’t see your argument at all.
I actually agree with you for now, and maybe up to about a decade out. One legitimate concern with Indian immigrants is how Leftist they are in their politics.
We are at war with the government-corporation complex, or easier said Fascism.
They will - with significant collateral damage to the American middle class in the meantime.
Obviously, the employers think that with that on-the-job training they can do the job the employers want them to do
The bulk of the evidence seems to be that these employers are short-sightedly cutting costs at the longer-term expense of quality and productivity; by the time those longer term consequences are seen, the American middle class will have suffered.
I would say that if tech companies can’t stay in business using domestic labor and at domestic prices then they need to go out of business.
So you’d be okay if our tech sector shrank by, say, 30% Putting hundreds of thousands of your fellow Americans out of jobs?
Because you’re setting it up for foreign companies to come in with a big advantage.
You mean, like H-1B is doing right now?
Ok Company 3 is in trouble, they are losing market share and they start to lose money. They go out of business. Company 1 and 2 gain 3's market share plus there are now 100 more IT persons to employ which pushes down wages WITHOUT ANY OUTSIDE FOREIGN IMPORTS. This is your cost reduction mechanism.
So I believe in creative destruction.
Actually, more correct would be to say “a couple million” and “more of your fellow Americans”.
Fortunately, your peculiar version of economics is not mine at all.
You never addressed my question of foreign companies. Because they are the ones who would fill the void—unless you pull up the draw bridge and go for complete economic isolation—which would be a disaster.
I can personally attest that is happening in my company. I can also attest that management deliberately blinds itself to the problems the outsourcing is causing.
We need to tariff imports.
Before gloBULLism, pre 1970 trade was insignificant. When was America at her greatest economically? before 1970 or after?
We’re wealthier by quite a bit post-1970, as opposed to pre-1970.
Yeah, because it's, like, broken?
Now where have I heard that before?
I remember - from George W. Bush, Karl Rove, John McCain, Marco Rubio, Jeb Bush, John Boehner, Eric Cantor, Mitch McConnell, Chris Christie, John Kasich, Newt Gingrich, and, well, just about every other nationally known GOP “leader” in the last 20 years.
Just two options?
I can think of one more:
Massive R&D investments in labor saving software and robotics.
Today, we import 1 million new, legal, low skill immigrants each year.
And we import at least another 1 million “guest workers” each year.
That’s a recipe for economic disaster, and, permanent political majorities for the Democrat Party.
Whose massive investment?
Do you not think that is not already being made? Actually, the Indian outsourcers are investing in that most heavily, because their entire business model has been based on low cost labor—when that labor’s cost has been rising rapidly due to demand.
Are you suggesting a government investment boondoggle in, of all places, the sector that least needs such help?
bttt
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