When Microsoft does layoffs and then mass H1-Bs, is that shedding low-skill Americans for top Indian talent, or just labor arbitrage? Is a country of 340 million really lacking talent, or do we just want cheaper and controllable labor?
https://www.newsweek.com/microsoft-layoffs-h1b-visa-applicat...
Companies always want the lucrative American businesses and consumers as customers, all the while wanting to shed expensive American workers.
If they wanted cheap labour, they would outsource. H1Bs are an important source of talent. That does not mean it is abused by outsourcing companies to bring cheap talent to America and profit from the arbitrage.
Big tech is not the one abusing this program.