TATA Consulting Services CEO K. Krithivasan says no new H-1B hiring soon, with a shift to growing local staff in the US and other markets. TCS will renew some existing H-1Bs, but aims to boost local participation, citing AI projects that need closer client work and broader skills.
Analysts expect others may copy this move. Companies may favor L-1 transfers to cut about 100,000 dollars per H-1B hire, reducing new H-1B demand.
10 replies (most recent on top)
Roughly 1% of Cisco's employees are H1B, and it's been decreasing every year for the past several years. Seems to me that Cisco is trending in the right direction with H1B. Sure, zero is what we in the US want, but it's certainly not tens of thousands as you might be led to believe.
1% of employees maybe but not 1% of the workforce. Article a few years back that dug into the records found that Cisco takes in a lot of H1B via vendors "red badge".
Roughly 1% of Cisco's employees are H1B, and it's been decreasing every year for the past several years. Seems to me that Cisco is trending in the right direction with H1B. Sure, zero is what we in the US want, but it's certainly not tens of thousands as you might be led to believe.
@ak so the work does not get done? Highly unlikely. Any tax/tariff will be offset with cheaper labor. It's a miserable fail on us that business schools will talk about for decades. Lose-lose.
Shift more jobs offshore means higher taxes and Tariffs to those companies! Party time.
TATA is a joke. I had to work with them a few years ago, clueless engineers
@aj tax on offshore work is coming
What this article fails to mention is that US based companies will now shift even more work offshore impacting 2-3 times more layoffs in the US. Not smart on us.
L1 transfers, eh? So no prevailing wage requirement (at least with h1b they pretend there's one) and they're tied to the employer who sponsors them. Sounds even worse.
why would anyone choose to work at a toxic place filled up with many H1Bs?
https://www.greatandhra.com/articles/special-articles/tcs-ceo-says-no-new-h-1b-hiring-in-usa-149968