Fewer programming jobs, Indians may lose the American Dream

New Delhi, January 7 – Thousands of tech workers have lost their jobs at big tech companies amid recession fears as new hiring freezes at nearly all top companies amid global macroeconomic conditions and recession fears Most of them find it difficult to get a job because they keep going.

Amazon, Salesforce, Meta, Twitter, Uber and other tech companies have laid off employees and placed a complete freeze on new hiring.

As a cheer to those who have lost their jobs during the ongoing funding winter and global macroeconomic conditions, most laid-off tech employees are finding new jobs within three months of starting their search. I went to

A survey by ZipRecruiter revealed that nearly 79% of laid-off staff in the tech industry got a new job within three months.

Studies show that nearly 4 in 10 previously laid-off tech workers found a job less than a month after they started looking.

However, 2023 is projected to be the worst year for tech layoffs, and there may be no more jobs available for those with H1-B visas.

In late 2022, several Indian-origin workers were caught in a pinch.

Now, with the latest layoffs announced by Amazon and Salesforce, and Google soon to join the list, some H-1B visa holders are in a precarious situation.

They would have to find a new job or leave the United States again for 60 days, and the American dream would be over.

Meanwhile, application fees for employment-based visas such as H1-B and L will be increased under proposed U.S. Citizenship and Immigration Service (USCIS) fee rules to recover operational costs and prevent backlogs. It’s a schedule.

Under the new proposal, which has a 60-day comment period before going into effect, the H-1B visa application fee for highly skilled workers jumps 70% to $780.

H-1B visa applicants must pay the current pre-registration fee of $10 to $215.

“While the price increase from $10 to $215 may seem dramatic at first glance, the $10 fee was set to cover a very small portion of the cost of the program, not the total cost of the program. not without,” USCIS said in a statement.

In late 2022, LinkedIn was inundated with stories of dismissed H1-B workers.

Nilesh Bhandare, 39, from India, was a data engineer at Twitter. He told the San Francisco Chronicle that the number of job openings in the market has turned around dramatically.

“From my point of view, no one wants to work full time right now because companies are not sure about the economic situation.”

It has been an uneasy time for tens of thousands of newly laid off workers amid inflationary pressures and recession fears.

Some who were in the early stages of layoffs got jobs, but even they were pessimistic about the current market.

Himanshu V, an IIT-Kharagpur graduate who previously worked at GitHub, Adobe and Flipkart, lost his job at Meta.

“I moved to Canada to attend #Meta. Two days after joining, I was hit with massive layoffs and my journey ended,” Himanshu said in a LinkedIn post. .

Raju Kadam, who worked for Meta for nine months, said he did not expect to be fired because he had “performed well in all aspects” since joining the social network.

He said he had lived in the United States for 16 years and experienced the worst of the recession, “but I didn’t lose my job.”