I actually have applied, and I got the offer. And I didn't take it. Because Oracle is known for poor working conditions.
Why can Oracle continue to hire good talent despite offering poor working conditions? H1-B.
Is it circular? Absolutely.
There really should be a strict maximum percentage of visa hires for any particular job type at a company. Say, 2x the overall average for that job category, and never to exceed 30%.
If they still need more labor, then they need to attract and train local talent rather than relying solely on overseas talent.
Do you think they would instead shift to India if these measures continue. The talent is there. 80% of the for talent is currently in US due to H1b but will move back to India. And it might be cheaper to just shift offices to India
They have no incentive to improve their compensation and working conditions while they can import unlimited indentured servants from poor countries.