https://yuribezmenov.substack.com/p/the-traitorous-eight-tech-ceos-h1b
5 replies (most recent on top)
Yes!!!
With Cisco's impressively low H1B share, Cisco is clearly leaving Apple, AWS, Google, Tesla and the rest of those H1B hoarders in the dust with its trailblazing innovation.
Id say the statistics are bullsh-t. only 1021 H1Bs for cisco from 2020-2024?? its probably more like 10K H1Bs in the USA and another 10K brownies offshore and another 10K contractors.
Stock price isn't really the best metric. It just means Wall Street is wising up.
These execs that float to the top with no talent, no accomplishment, and no value are maximizing something else, maybe
short turn stock boost, bribes paid for staffing, selling off a division that now has cheap labor maintaining old products, and especially helping big money funds raise profits at other investments
American workers, taxpayers, and companies are being looted and its more than a stock price thing
I do not think that decisions like that (layoff mericoons, hire H1Bees) are taken without the board and main shareholders' approval so the article is full of sh-t (no matter how much I hate to say it)
It is their greediness that got us here not necessarily the CEO;s
clap
Wow. What a good summary.
It just needs to show the stock prices while the H1B CEOs have been at the helm compared to the original founders. That would be the nice nail in the coffin. Especially of late.