H-1B loopholes exploited by visa middlemen in hiring of foreign workers

Some of the largest H-1B employers, employing lower-paid workers through staffing and outsourcing companies, accounting for half of the 85,000 new visas allocated annually, are not only the big technology companies but also banks and telecommunication companies, reports Bloomberg News.

Citigroup added 3,000 new H-1B workers from May 2020 to May 2024, surpassing tech giants Nvidia, Oracle, and Qualcomm in the same period. Citi’s H-1B workers are mostly IT contractors from staffing and outsourcing agencies, who pay significantly less than Citi employees, according to the findings of the study.