Thread regarding Fiserv Inc. layoffs

@1e Read the fine print and do not believe whatever you hear on TV or twitter from these politicians. https://www.americanimmigrationcouncil.org/blog/trump-100000-fee-h1b-visa/ READ THIS IT IS A ONE TIME FEE. NOT ANNUAL. This administration is a joke and does not care about Americans.

@yr If you think they're just following and not doing the minimum possible to duct tape something together you deserve what you get.

@19n It was clarified after the secretary that it is NOT.

@ah its a ONE time annual fee. That's PEANUTS for Fiserv.

@sh company Instead of keeping free thinking Americans on their team, they are eventually replaced by cheaper Indians that follow orders. This is what the leaders in Alpharetta seem to prefer.

What will FIG do now?

The smell of the office will improve.

Local Indian workers ruin the workplace. They are very closed off from American workers. The speak in their native tongue boldly in public work spaces. Indian managers hire and promote Indian over non- Indian workers. They do not integrate into the guest country. Alpharetta campus is typical of this issue.

@gp https://x.com/tonyrigatonee/status/1969920052112601180

More like half of coral is H1B and 3/4 of tech are H1B

You don’t think he will end outsourcing?

This was part of a deleted thread - not sure who is flagging, I suspect one of the insecure imported managers who see themselves in this. Here it goes:
The idea that elite talent only exists in one country is a myth — and it’s been abused. I’ve worked with tech resources from India for years. Many are good people, but most are average. The original intent of the visa program was to bring in talent not available here. In reality, for 99% of the cases I’ve seen, equal or better talent already exists in the U.S.

Companies exploited the system for cheaper labor, and some Indian managers prioritized familiarity over merit — often struggling to lead independent, free-thinking American teams. That cultural dynamic gets imported too. Healthy questioning is part of American work culture, and it shouldn’t be suppressed.

In my view, the administration’s move is the right one.

@fm Outdated. No more abusing the H1B Program. Good luck!

America First! This H1B scam is a JOKE—businesses laugh off any “reform” that hits their profits. Remember, our GREAT nation was built on FREE MARKETS and CAPITALISM! Raise the minimum wage, scrap employer sponsorships, add REAL market tests to prove NO Americans want the job, shorten visas to 2 years (no endless renewals). But this weak admin just wants their CUT and panders to fake populism. Wake up! Only CONGRESS can fix H1B—but are those RINOs even TRYING? And let’s be clear—H1B reform isn’t about hating Indians or anyone; it’s about fairness for ALL Americans! #MAGA #DrainTheSwamp #AmericaFirst 🇺🇸

What they initially announced was not going to work. There is no way that all of the H1B jobs could be replaced by local talent. It’s just not there guys! An annual fee would have made the companies hire more off shore or shift people over there leading to chaos. A better approach should be to take a look at current staff and evaluate who can be replaced with either local talent or by hiring offshore on a case by case basis. Many H1B coworkers are quite skilled and do the job! We just need to weed out the mouse movers and replace with competent people. HR should look at teams with homogeneous staff and question the hiring practices. Even among the H1B there are closed off cliques. The new changes will most likely really in no new H1B applications or require the candidate to sign $100k severance bonds

They walked it back https://x.com/presssec/status/1969495900478488745?s=61

@dy We'll see!!

FB will still influence the admin to make an exception for Fiserv and Fiserv will continue replace onshore with offshore.

@cj No they won't. If they try they can kiss government contracts goodbye. They will become uncompetitive if there is even more slop.

@ac Exactly. They will hire more contracted employees overseas and terminate US employees.

1/3 of Coral is H1B. Not all are in tech roles. Some are in credit Risk as analysts. I wonder what will happen to them if this isn't challenged in court by large firms who rely on H1B like Fiserv.

More than 1/3 of BH seems to be H1B. How will the company even function?

@ac Nobody needs sh-t quality work with LLMs doing that for us nowadays.

Trump signs proclamation adding $100K annual fee for H-1B visa applications....

https://www.yahoo.com/news/articles/trump-sign-proclamation-imposing-100k-201220236.html

Great, now more ppl will just be offshored at lower cost instead