Now that it will cost $100k per year to sponsor an h1b, how do you think this impacts our fellow foreigners working at broadcom?
Are they cooked, finished or?
6 replies (most recent on top)
Hock will not pay 100k ransom. More firings! This is the way.
No impact for broadcom
"Workers fighting workers."
Oh, everyone gets along great once they're hired, all very professional regardless of where they from. But if you're wondering why there is currently a 15% unemployment rate of CompSci/Engineering graduates from the US, after they told everyone "learn to code", well... half the jobs going to Visa's is certainly a WHY. They'll tell you "It's AI" to blame the machine, but go ahead and try to get a landscaping or roofing job as a US citizen, same thing, the spots are TAKEN by non-US folk plain & simple. Same in tech. No offense to immigrants, I love em, but this is the truth and you all know it.
Workers fighting workers.
At Broadcom, headcount is THE currency; Hock decides how many people each franchise can hire & keep using financial metrics. There used to have a policy that for any H1B hire, you must spend 2 heads on it, because it cost sponsorship and time etc. It was quite pro-US-job-seeker and it worked. Hires were very local. THEN in around 2021 or so, a group of "fellow foreigners" as you say in leadership convinced him "we can't find Americans who know tech, you MUST change that policy so we can hire H1Bs, that's the only place to get techies, I swar" and since then every single new hire has bee.. guess what, H1B. And every manager only hires "their own" same H1B. The office has gone from native English speaking to non almost 80% since, it's drastic. Every quitter is replaced by a Visa, many more get parked in Canada waiting in line, where their housing and expenses are paid by the company. So the ones who are "cooked" are American tech workers, 100K price won't stop that at all, given the companies pay much more just to have them sit and wait in Canada already. It's worth it for the employer to have a dedicated worker beholden to their job just to stay in the country. Best thing since indentured servitude for them.
Hock told you, 'everyone is replaceable... everyone'. People are going home. Sad for them. And even more sad, the American workers displaced/replaced/not-retained due to Indian and Chinese workers brought here in-mass are not likely to be brought back.