Retrenchment in America, challenge for Indians to get H-1B visa

The pattern of retrenchment after Corona in the world is still the same as before. Right now layoffs are starting in the US amid global economic challenges. Many big tech companies have shown the way out to thousands of their employees. Which is directly affecting his family. US President Joe Biden had expressed concern about ...
 

The pattern of retrenchment after Corona in the world is still the same as before. Right now layoffs are starting in the US amid global economic challenges. Many big tech companies have shown the way out to thousands of their employees. Which is directly affecting his family. US President Joe Biden had expressed concern about this.

The White House press secretary said yesterday that the US President understands that his family is directly affected by the job loss. He said the Biden administration is trying to stabilize the economy.

Challenge for Indians
Most of the people fired in America are associated with Indian IT professionals. Most of the Indians are trying to get H-1B visa to live there. Now after the retrenchment of some people, the situation is such that they have to find a new job within the prescribed time limit based on the visa rules, which can prove to be a challenging situation. The H-1B visa is a nonimmigrant visa that allows US companies to hire foreign workers.

big tech
Retrenchment in companies Talking about IT companies, from Google to Microsoft and Facebook, there is a phase of retrenchment. Earlier, companies like Microsoft, Facebook, Amazon had fired employees. After this, recently a giant company like Google has announced to lay off 12000 of its employees. Earlier, 18,000 people were fired from Amazon and 10,000 from Meta.

Source