While the threat of job loss has long been exaggerated by critics, it reaches illogical proportions when discussing fewer than 10,000 workers.Donald trump action to tighten the visas has passed chills in the spine of IT workers.
Top seven India-based outsourcing companies in the US received fewer H-1B visas in 2016 comparitively, and as a group their numbers dropped drastically to 37%, according to a new report. The companies experienced a drop of 5,436 approved petitions in 2016 when compared to previous year.
According to the report, the number of approved new H-1B petitions for Tata Consultancy Services (TCS) declined by 56% from FY 2015 to FY 2016, from 4,674 to 2,040, a drop of 2,634.This happens the same for wipro and Infosys too
“H-1B petitions approved for initial employment in FY 2016 were filed by employers in April 2016, which means the drop in H-B visa use by these companies is not due to Donald Trump’s election said an analyst.The actual reason for the drop in new H-1B visas for Indian-based companies is due to industry trends toward digital services such as cloud computing and artificial intelligence, which require fewer workers, and a choice by companies to rely less on visas and to build up their domestic workforces in the US
