H1B - NO More (Yearly fee for H1B is just 100K). What will happen to 16,000 H1B Accenture had sponsored will they send them back?
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Fully agree, if the offshoring and near-shoring issue isn't fixed the problem isn't solved.
Tracking the many sneaky ways in which the offshoring and near-shoring is taking place may be a bit more complex than tackling H1Bs (because it has many faces and it's done in different formats), but it needs to happen or else almost nothing has been solved.
@a9 No longer an annual fee, one time. Apple threw a fit and the WH backed down. And only for new H1B hires, not existing.
Need fee or tax on US corps for every offshored employee. H1B isn't near the issue as the offshoring is.
More offshoring to follow. North American workers will continue to be roped in the grand Welchian way.
@OP No, unfortunately it only applies to 'New' applicants. I was thrilled though to see their stock fall by 1% and made money by shorting it. Hopefully this will at least put a dent in the ra-e and pillage of the West by this awful company.
Will H1b start and help to train their US replacements?
100% correct. Bringing some info below from another post. Let's see what Sweet does now, because clients don't want to talk to low-cost labor with questionable experience for a very high fee. The party is over.
"1) Accenture has a substantial presence in India, with over 300,000 employees, which accounts for roughly 57% of their global workforce.
2) Accenture is actively hiring in India, particularly in technology-related fields, with plans to recruit an additional 40,000 technology professionals over the next three years. This expansion is part of a strategy to refresh their talent pool and capitalize on the country's skilled workforce.
In May 2025, Accenture announced plans to promote 43,000 employees in India in FY25, including 15,000 promotions in June 2025. Some employees in key growth areas also received salary increases.
Historically, moving jobs to India has been driven by the lower cost of labor. Accenture has been a part of this trend, establishing offshore facilities and hiring aggressively in India for various roles including application development and business process outsourcing.
This excludes the increased offshoring and near-shoring in other countries."
https://www.thelayoff.com/post/@1q3+1k4dh6v54
The "restructure" has to do with ACN not getting contracts, so your BBF Julie is running out of companies to buy to make revenue. She's been sending all the jobs to India (and to a lesser degree, to other international markets). Hopefully, the administration will fix that loophole sooner than later.
That's what "Sweet" Julie has done for the past 5 years so the numbers look more favorable for her during earning calls. Organic growth? She can't, she has no clue. She's done nothing creative, nothing unique.
Honestly, ACN is all about advising companies about tech implementations and strategy and such, right? Why is it being run by a corporate animal (lawyer) who can barely talk about any tech intelligently while sitting on paid, choreographed, PR for Julie interviews?
Mediocre has been trickling down at ACN.
ACN for sure will ready to pay 100K for their H1B Employees and for sure ACN will do a Payhike of 150% to their employess (My friend Julie told me in my dream). H1B fee hike and Julie's restructuring announcement few weeks back, do you see any connections????
Following an executive order signed by President Donald Trump on September 19, 2025, a new $100,000 annual fee for H-1B visa applications will take effect on Sunday, September 21, 2025.
Annual and recurring: The fee must be paid each year for up to six years for each H-1B worker. It applies to both new visas and renewals.
The only reason why a company would pay $100K on top of other expenses to bring someone into the US would be because they are geniuses, outstanding and high intelligence - no more flooding the system and the US with cheap labor and gaining the system.
The H1B system used to be like that up until a decade and 1/2 ago, but the Indians and corporations corrupted the system and now over 70%-74% of recipients are cheap resources from India, followed by China (but way less, 13-14%).
Nobody else can get in, and people with very high intelligence and amazing experience stopped having a chance. Meaning, Elon Musk wouldn't be able to get a visa in 2025, because a cheap Indian resource would be taking the visa away from him.
And that is nuts.
Yrs, as they became too expensive. But the issue is not over yet and it now becomes about this: ACN has hired and continues to hire in India (less quantities in Costa Rica and other places) and moving operation outside of the US, that means an import of services, it has to be taxed (tariffed). If they try to hide it via a third party, wouldn't matter, it is still an import of services for the US.
Why is this happening? Because companies like ACN, McKinsey, IBM, AT&T, etc (and their executives) have been abusing the system, they are only about short-term benefits for themselves.
The 911,000 jobs correction and only 22,000 jobs being created (last report) is an "enough is enough" situation.