Thread regarding Fidelity Investments layoffs

What is the future of bunch of H1B employees

What is the future of bunch of H1B employees hired during covid for remote job? They have been enjoying life since then as they don’t have to work as much as they used to in other companies as a vendor or contractor.

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| 2081 views | | 17 replies (last October 7, 2024) | Reply
Post ID: @OP+1uNMQMlw

17 replies (most recent on top)

Indians are going to break the rules no matter where they are. I can’t tell you how many software engineers and their wives I saw shoplifting when I worked in retail.

When Techline was brought back from India, it was AMAZING. I hated sitting for an hour to have someone click randomly making themselves busy.

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Post ID: @5qlo+1uNMQMlw

" idolization of higher castes and westerners,"
Idolization and servitude to higher power to be exact. The moment he rises above you in the org chart, westerners or not, he expect your idolization and servitude.

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Post ID: @3ysd+1uNMQMlw

I'm just glad some of us are waking up to the "stereotypes" that get proven time and time again. pattern recognition vs being pc? This is a business. I have been preaching this for years. idolization of higher castes and westerners, incompetence, refusal to melt into the literal melting pot.

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Post ID: @2pno+1uNMQMlw

The move to hire Indians began in the 90s when tech workers could jump from one job to the next with huge increases in pay. Thanks to the Internet bo-m. Corporate chieftains lost their minds and decided to import a workforce that couldn't job hop -- The H1B Indian Tech Worker.

Indian companies learned how to exploit the process and stuff the channel with Indian hirelings. The process is now a rapacious one that undermines the American worker.

On whole, Indian workers were never as good as the American engineers. They still aren't. The system is now one of exploitation and influence in DC politics, not skill of Indian workers

The Real Deal has spoken.

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Post ID: @2imn+1uNMQMlw

Stereotypes don't come out of nowhere and every people has a character. The character of a people shows through its collective actions. When widespread resentments is focused on one people, the leaders of that people need to take notice, reflect and refrain from the very actions that generate the resentments.

Rules, laws, processes here at the states are made for reasonable people. No amount of rules and management can withstand the unreasonable abuses. Don't put the burden back on the abused.

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Post ID: @2svi+1uNMQMlw

So much racism and generalizations here. The H1B visa is not tied to any one country—it’s a specialized skills visa open to anyone qualified. This program has brought many CEOs and innovators to the U.S. You might see more hires from a specific country because they apply in larger numbers, but the talent distribution ( both high and low) likely mirrors that of any other country
Rather than spreading hate towards one nationality focus on advocating for better hiring practices to get right skills, addressing nepotism, and ensuring quality talent is hired and compensated fairly.

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Post ID: @2asr+1uNMQMlw

If you look at most of the H1B hires they are either friends/family/relatives of top exec and they all belong to same caste/region in India. Big Big Scam on the name of diversity!!!!

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Post ID: @2hkn+1uNMQMlw

The top brass doesn't know how bad the data is in some areas. In my area, the data is so bad that I don't know how we do things. Word has it that the Indians control so much that they never even get hit with a risk audit. The risk area won't audit this particular area that is around 80% Indian. WHY IS THAT?

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Post ID: @2hkp+1uNMQMlw

"We can hire about 2 entry level H1B workers for the price of a US worker."

Yes true but whats the downstream/support impact?

You get what you pay for..... there is a reason why here why 1 > 2

Been there done that.

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Post ID: @2yaq+1uNMQMlw

They are cheaper but are they really in the long run? Think about it - if you require 3 people to fix the sc--w ups that happen the math ain't mathing

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Post ID: @2emk+1uNMQMlw

H1B workers are cheaper. I have been in the hiring process at Fidelity and am familiar with salary spreads for tech positions. We can hire about 2 entry level H1B workers for the price of a US worker.

It varies for Sr level, but typically we can hire Sr level H1B for approximately 25% less than US Sr level ones.

I can only speak for tech positions.

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Post ID: @1izn+1uNMQMlw

H1Bs are not cheaper

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Post ID: @1vcl+1uNMQMlw

As long as H1B hires cost less, they will always exist in USA companies.

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Post ID: @1wdz+1uNMQMlw

Definitely not now. Ten twenty years ago probably not but recent crops of American educated computer engineers are perfectly fine and there are plenty of them.

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Post ID: @1loo+1uNMQMlw

do we really need H1bs though?
With current market, i highly doubt we need H1bs

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Post ID: @1htv+1uNMQMlw

No one knows the status of their job right now. There’s room for cuts in a lot of departments.

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Post ID: @rbm+1uNMQMlw

It's up to Abby. "Stop their immigration sponsorship!", they'll be forced to find somewhere else to work. "Pressure them to produce more!", they'll continue to work as h1b slaves. Speaking as a h1b who worked as a slave for my immigration sponsor and left the place the first day I can move freely.

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Post ID: @kmb+1uNMQMlw

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