Posted on 10/01/2003 9:39:39 AM PDT by 11th_VA
MUMBAI: The annual cap for H-1B visas will now be 65,000. This is a sharp drop from the earlier limit of 195,000 visas.
The US plans to enforce this rule from October 1, 2003.
The Indian IT industry has been lobbying hard to freeze H-1B visa limits at current levels. However, these efforts which had the support of some US corporations to retain H-1B visa limits have failed. (Will Europe be the next big hunting ground for Indian IT pros?)
Indian IT professionals are among the largest users of H-1B visas, as US Big Tech shops big from this technical pool. The H1-B visa cap was raised to 195,000 in 02. This particular legislation had a 'sunset' clause. According to this clause, the limit would have (automatically) lapsed on October 1, 2003. Ergo, the H1-B visa annual cap will now fall back to 65,000 visas.
The H1-B visa issue has generated a lot of controversy in the US. Several trade unions representing (local) technology workers have been lobbying against these work permits. The slowdown in the high-tech industry combined with an overall drop in US economic growth has resulted in a number of job losses.
H1-B visa users have been at the receiving end of criticism from unemployed American professionals for taking away their jobs. These visa users are also seen as representative of the trend towards offshore outsourcing trade jargon for moving to cheaper locations like India which is also under flak for spiriting away US jobs.
The visa was created in the early 1950s to give skilled foreign workers a permit to reside in the United States. The H1-B category was added in 1990 to give foreign workers an opportunity to pick up a job with the intention of remaining permanently in the United States.
In 1999, under pressure from high-tech companies and other manufacturers, Congress expanded the limit from 65,000 to 115,000. It raised the cap again to 215,000 in 00 and to 195,000 in 01 and 02.
Top Indian companies have been curtailing the use of H1-B visas for sending employees to the US. Ergo, it unlikely that the offshore outsourcing trend will be affected. Most companies have shifted to the use of L-1 visas (used for intra-company transfers). However, companies whose basic revenue model is supplying manpower to US corporations, ( body-shoppers, are likely to be hit by this move.
It does make sense, because he claims he can phone them.
So, phone them he should.
Unless, of course, he is a lying piece of scum. A prevaricating speck of non-entity. A doublespeaking, bulls**t-filled catagory 4 weasel.
Neither do you have any reason to blame any person for their "downsizing". The fact is, you don't even know me or what my contributions to my current employer are or have been. The same can be said of so many other unfortunate citizens whom you regularly disparage with glee. So for you to make any comment whatever concerning any reason that existed for my downsizing just proves that you are complete imbecile of the lowest order. Keep posting, you're getting dumber all the time.
It doesn't follow that he is close to or works with Bush.
Likewise, it doesn't follow that he would know everyone who was close to/worked for Bush.
The logic makes no sense.
Exactly. Nor is it that big a deal for me to prove to a bunch of people on FR something that I already know and don't really think is that big a deal. I just think it's funny that they don't really know what their President and his friends think on this one. Anyway, the President and his friends have given in to them on this one anyway. They've gotten about all the trade restrictions and economic killers they could get to appease them without truly taking our economy under.
Cool. The technology that allows call centers to be set up in India, China, Ireland, etc, can be applied to stockbrokering also. We can have cheaper overseas workers hyping the latest stocks, backed by market research from India (which several full-service houses have started doing)
Then again, electronic trading reduces people's desire to pay full-service brokerage fees
Welp. He didn't step away from the keyboard. He was right here all along. And his response? "It's not a big deal for me to prove to people on FR what I knew all along."
China_Dawg, you are an outright liar, and you've been cold-busted.
Haha. Bro, that is great. I don't work in D.C. or in the White House and have no desire to. I'm sure I could e-mail my family member in the White House and have been told about your distant relative's having been hired to work out some tobacco deal, but beating my own chest on this really isn't that big a deal to me. I had a very simple original point: I am very certain that the President and his friends and advisors are not immigrant-hating trade protectionists. And they definitely don't have these bogus fears about "exporting" jobs, etc.
Generally, when I am challenged on something -- for example, that I know my stuff in C#.NET or Visual FoxPro -- I'll show my credentials by posting information only a pro in the field would know. I try to make sure its nothing easily Google-able, and make it a point to be explicit so that if I was wrong, another FR poster would come along and expose me.
In short, when it does not compromise my privacy, I back up my claims.
China_Dawg just lies outright and doesn't back his claims, because he cannot.
Indeed. Texas_Dawg, please note that my name for you has now changed to Texas_Fraud.
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