Layoffs in IT: Layoffs of 2 lakh employees from IT sector in America, difficulties for Indians on H-1B visa increased
IT Professional Layoffs 2023: Due to the global financial crisis, major tech companies are showing the way out to their employees. These companies have started layoffs from November 2022 last year. People working in these IT sector companies for a long time are also being asked to leave their jobs for one reason or the other. Thousands of employees have been fired in 3-4 months and this process is not taking the name of stopping.
According to a media report, only 2 lakh employees have been retrenched in the IT sector of America in 3-4 months. Now the first challenge before these unemployed laborers is to find a new job. Otherwise they will have to go to their country from America. These people are facing many problems. Learn about this matter…
2 lakh employees were laid off
According to media reports, since November 2022 last year, about 2,00,000 employees have been laid off in the IT sector. Companies cutting a record number include Google (Google), Microsoft (Microsoft), Facebook (Facebook) and Amazon (Amazon), Twitter (Twitter).
40 percent are Indians
Between 30 and 40 percent of these fired workers are Indians, a large number of whom are here on H-1B or L1 visas. The biggest problem facing these people is to find an alternative to live in America. Also it is a huge struggle to find a new job under Foreign Working Visa after losing a job within a fixed period of a few months, so that the visa status can be changed.
h-1b Indians worried about visa
According to reports, Sunita (name changed), who worked for a big company like Amazon, reached America 3 months ago, but now she has come to know that March 20, 2023 is the last day of her tenure. Now he has to find a new job, only after that he can’t stay in America or else he will have to go back to India. The rule is that H-1B visa holders must find a job for H-1B within 60 days of losing their job or leave the country within 10 days after the status expires.
IT professional said circumstances are very bad
On the other hand, on January 18, 2023, Microsoft expelled another IT professional who reached the US on H-1B visa. He says that the situation is very bad. For those who came here on H-1B visa, the situation is even more dire as they have to find a new job within 60 days or return to India.
struggle to find a new job
Thousands of people have become unemployed after layoffs in big companies like Google, Microsoft and Amazon in America. Thousands of Indian professionals working in the field of information technology are now struggling to find new employment within the stipulated period under their work visa to stay in this country. He has to find a new job anyway.