Posted on 06/26/2020 1:41:33 PM PDT by NobleFree
Same with me plus I am 52 YO!
They obviously didn't have any business use for it, or they would have funded a new division, or acquisitions.
So they could have bought state bonds with it -- exempt from Federal Taxes -- and used the interest alone to generate a billion or two in free cash flow.
Without jeopardizing the principal, or affecting free cash flow from continuing operations.
That billion or two probably would have paid the price differential for US citizen programmers vs. H1-Bs.
But no, they "can't afford it."
These people make the robber barons of old look generous.
Remember when Jeff Bozo of Amazon cut the health-care payment for part time workers? At the time, the richest man in the history of the planet.
Yes, Governor, as one who was in the trenches, they arrived from the diploma mills, with a piece of paper in their hand with “Oracle” stamped on it. Corporate cost thinking decides that if one highly paid systems person can have the project baby in 9 months, then 9 of the low cost people can make the project baby in one month. This is why IT has gone from a few experts within the business function to full blown cross-functional corporate bureaucracies - IT is now an end unto itself, instead of a means to improving the business function.
Doubt it - those criminals probably all majored in puppetry or gender studies.
My high school son loves coding Java and Python and he’s great at it. Also great at chess and piano. He will take a community college class in C++ this fall.
He’s planning to major in Computer Science in college.
Also he’s a conservative and a good American kid.
Hopefully Trump’s ban on HI-b workers lasts 4 years for him.
Missed by the employers maybe. But employees who will no longer have their salaries artificially depressed? They won't miss the H-1Bs at all.
There is react, angular, hadoop which are pretty new. But anyone who's been around can pick it up in a few weeks. Unfortunately, most employers do not want to train you.
hire all the out of work American programmers and engineers first
then we can talk about importing more aliens
***********************************************
Nope! Replace then we can talk about importing more aliens with then we can talk about recruiting and training more AMERICAN programmers, developers and engineers.
It wasnt that long ago that SUCCESSFUL American companies would give applicants IQ and aptitude tests, hire promising candidates and train them. The resulting employees were VERY productive AND CREATIVE!
Bullshit. You could get Americans to pick lettuce if you paid what the market would bear. I guarantee you could get IT people. Saying you can’t get Americans really means “I can’t get Americans for cheap to free, while holding my sponsorship of their presence in the US as a sword over their head”.
Believe or not, most of the stuff can be self-taught for free. Free lectures on youtube by MIT professors.
The market price of IT workers will decide the shortage, or not......
Absolutely correct.
That's how I learned 90% of what I've used in my career.
...Im sure the offshore trend will get bigger again.
*********************************************
We need to have the feds make those offshore developer/programming costs NOT DEDUCTIBLE AS EXPENSES for income tax purposes.
Good. Now maybe the Disney IT staff and workers from other companies who were displaced by H1Bs (also known as Indians) can find jobs. Oh, and as a retired Unix admin, I’m available under strict preconditions.
Apparently Forbes does not believe in supply and demand.
30 years let go at 50 too. had a few contract gigs since.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.