‘Less H-1Bs and hire more in India’: Fortune 500 companies prefer offshoring to hiring in US
The Trump administration’s hefty new H-1B visa fees are already triggering high-level discussions in Silicon Valley and beyond about moving jobs overseas, ironically, the opposite of what the policy intended.
While the government has already clarified that the $100,000 fee applies only to new H-1B applicants, and not current holders, the rollout and its hefty cost are causing companies to pause recruitment, adjust budgets, and rethink workforce plans, according to a Reuters interview with founders, venture capitalists, and immigration lawyers who work with tech firms.
