No room for H-1B workers(1)
The stampede definitely is not on for H-1B visa applications for foreign workers.
In years past, the total alloted were snatched up in just a few days. Nearly three weeks after companies began applying for the coveted visas, the 2010 65,000 cap has yet to be reached.
The U.S. Citizenship and Immigration Services reported Monday that about 44,000 visa petitions have been received. However, the agency has received about 20,000 petitions for H-1B visas for foreign workers with advanced degrees. The government hands out 20,000 visas to those with advanced degrees from U.S. institutions.
It’s no wonder. Tech companies are laying off workers by the tens of thousands.
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