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X @Nick Szabo
Nick Szabo· 2025-10-30 07:56
RT James Fishback (@j_fishback)Ron DeSantis made history today. He directed Florida’s Board of Governors to halt the use of H-1B visas at state universities, ending the practice of importing cheap foreign labor from India and China for jobs that qualified Americans are ready and eager to do.For years, universities and corporations have used the H-1B scam to fire Americans and replace them for imported labor. Florida’s own universities have been among the worst offenders. DeSantis just proved that governors ...
Walmart makes a controversial move affecting job seekers
Yahoo Finance· 2025-10-23 01:03
Finding a job in today's economy is already challenging, with fewer openings available compared to recent years. Now, job seekers face another setback after Walmart, one of the nation's largest employers, has made a controversial decision that could affect thousands of potential workers. Walmart has paused all job offers to candidates requiring H-1B visas following the Trump administration's newly imposed $100,000 fee for new H-1B visa applicants. This decision primarily impacts the retailer's corporate ...
H‑1B visa fee hike impact? US largest private employer Walmart pauses job offers for work visa candidates
MINT· 2025-10-22 02:43
The United States' largest private employer, Walmart Inc., has halted offers to candidates requiring H-1B visas, Bloomberg reported, citing people aware of the development. This is the most recent incident highlighting how the US administration’s $100,000 visa fees have impacted workforce.The current guideline mainly affects Walmart’s corporate staff,the report noted. The latest development comes after US President Donald Trump's imposed a $100,000 fee for new H-1B applications last month, a move reportedly ...
X @The Wall Street Journal
Exclusive: The U.S. Chamber of Commerce sued the Trump administration over hefty new fees in the H-1B visa program https://t.co/iIMOKx8Sd4 ...
X @Nick Szabo
Nick Szabo· 2025-10-09 14:04
Immigration Policy Concerns - The H-1B visa program is viewed as detrimental [1] - Concerns exist that the H-1B visa program lowers wages [1] - The program is perceived to displace American workers with foreign nationals [1] - American college graduates are believed to have limited job opportunities due to the H-1B visa program [1]
US Chamber of Commerce says $100K H-1B fee will ‘impede’ economic growth
Yahoo Finance· 2025-09-29 15:57
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: The U.S. Chamber of Commerce on Friday called on the Trump administration to withdraw its new $100,000 fee for H-1B visas over concerns that it could “impede economic growth.” Among other drawbacks, the fee would stifle domestic job creation as the high cost of the visas would incentivize certain business functions to move overseas, Neil Bradley, chief policy ...
X @Bloomberg
Bloomberg· 2025-09-27 00:24
Market Trends & Industry Dynamics - The MSCI India Index has experienced declines in all five sessions following the US President's order to overhaul the H-1B visa program [1] - The US President's order poses a risk of disrupting India's $280 billion software services industry [1]
X @The Wall Street Journal
When Trump announced changes to the H-1B visa program Friday, it was the middle of the night in India. For some H-1B holders there, the next day and a half was a chaotic race around the world. 🔗 https://t.co/QU9Fp8XX7R https://t.co/pJMrQRjtLI ...
The 20 financial firms that could be hardest hit from Trump's new H-1B fee — from Goldman Sachs to Citi
Yahoo Finance· 2025-09-24 17:00
The country's largest bank focused its H-1B hiring heavily on technologists, with more than 500 certified applications for vice president, lead software engineer, and associate software engineer III positions. The bank also filed visa applications for the firm's main business lines, such as an investment banking managing director.Employees worldwide : 317,160 as of the second quarter of 2025Wells Fargo, Bank of America, and Citigroup declined to comment. The others did not respond to a request for comment f ...
CEOs Like Dimon, Huang Warn About the $100K H-1B Visa Fee—Here's Why It Matters
Investopedia· 2025-09-24 16:03
Nvidia CEO Jensen Huang (right) speaks at the White House beside President Donald Trump on April 30, 2025. Jim Watson / AFP / Getty Images Close Key Takeaways Technology executives have been vocal this week in response to President Donald Trump's changes to the H-1B visa program. CEOs like Jensen Huang of Nvidia (NVDA) and others have offered arguments both for and against the changes. Huang, in an interview with CNBC alongside OpenAI CEO Sam Altman on Monday, said that Nvidia wants "all the brightest minds ...