Tens of thousands of Indian IT workers have been laid off in recent months and are now desperately looking for new jobs to stay in the US. File photo by AFP.
Tens of thousands of Indian IT workers in the United States who lost their jobs in mass layoffs by tech giants such as Google, Microsoft, Facebook and Amazon are hunting new jobs in a desperate bid to say in the country, according to a report by LiveMint, which said industry insiders said 30% to 40% of the 200,000 workers retrenched since November were Indian IT professionals on H-1B and L1 visas given to workers with specialist knowledge but only for a specific timeframe.
“The situation is getting worse for those on H-1B visas as they have to find a new job within 60 days or else, they would be left with no other option but to head back to India,” the report said, adding that groups such as the Global Indian Technology Professionals Association (GITPRO) and Foundation for India and Indian Diaspora Studies (FIIDS) launched a community-wide effort on Sunday to try to help these workers find new jobs and avoid severe family disruptions and distress.
Read the full report: LiveMint.
Volkswagen executive Stefan Mecha said the firm is committed to investing $16.26 billion in the…
The real estate firm was among many Chinese developers that defaulted last year as the…
The firm said it was now "out of crisis mode” following years of painful US…
The Cyberspace Administration of China said the move was aimed at protecting supply chains and…
Musk met Li Qiang in 2019 when he was party secretary in Shanghai. Sources say…
Increasing oil deals between the two countries have already begun to corrode the US dollar’s…