2 lakh layoffs in the last 3 months
Thousands of Indians living in America who have lost their jobs due to layoffs in companies like Google, Microsoft and Amazon are now facing a new problem. Thousands of these Indian IT professionals are now struggling to find new employment under their work visas to stay in the US. According to The Washington Post, around 2 lakh IT workers have been laid off since November last year. Most of these layoffs have taken place in big companies like Google, Microsoft, Facebook and Amazon.
It is difficult for visa holders to stay in the US
According to some industry insiders, about 40 per cent of these ie around 80,000 are Indian IT professionals who are living in the US on h1b and l-1 visas in large numbers. Let us tell you that H1B visa is a non-immigrant visa. It is usually issued to those who wish to obtain permanent resident status on the basis of employment. This visa is issued for a fixed period. That is, if companies in America want to give job to a foreign citizen, then the workers can work in the company through this visa.
need to find another job soon
Similarly, L-1A and L-1B visas are issued to people who have specific expertise. Such people are often at the management level in companies. Their transfers keep happening in different branches of the company. According to the report, now after leaving the job, such people have to look for alternatives to stay in America. They are wishing that they get a job in some other company as soon as possible so that they can make arrangements to stay in America.
only 60 days time
If they do not get a job anywhere within 60 days of being fired, then they will have to leave America and come to India. However, in the current situation when all the IT companies are laying off, people feel that it is impossible to get a job again so soon.