After Firing Thousands Of Employees, Facebook, Amazon Will Hire Thousands Of Low-Paid H1B Employees: What's The Reason?


Sheetal Bhalerao

Sheetal Bhalerao

May 19, 2023


During the times when several global tech giants are carrying out mass layoffs, top Silicon Valley companies are reportedly looking to hire lower-paid tech workers from foreign countries. 

After Firing Thousands Of Employees, Facebook, Amazon Will Hire Thousands Of Low-Paid H1B Employees: What's The Reason?

Technical Companies Hiring Lower-paid Tech Workers

This year, Technology majors like Google, Meta, Amazon, Microsoft, Zoom, Salesforce and Palantir have applied for thousands of H1B worker visas, as per the US Department of Labor data, reported by independent investigative journalist Lee Fang.

At the same time, thousands of workers on H1B visas, including Indians, have been affected by the layoffs in the United States.

Several of them approached social media to share the news and seek new opportunities.

Further, the report states that the company filed applications for H1B visas to hire software engineers, analytical consultants, user experience researchers and other roles from outside the United States, with several requests aimed for new Google employees to join in August just a month after Sundar Pichai announced Google’s plan to cut 12,000 jobs around the world in January.

Similarly, Google parent Alphabet owned Waymo also has filed H1B applications to hire engineers reportedly.

More Hiring In Key Strategic Area

Following the footsteps, Meta has laid off nearly 25 per cent of its estimated workforce in just a few months in what CEO Mark Zuckerberg has called the company’s “year of efficiency” as the US tech sector continues to downsize.

Not far behind, Amazon CEO Andy Jassy also laid out a plan to cut 9,000 more jobs from the online retail giant’s workforce in March, following the 18,000 that were axed in January.

These numbers account for a smaller percentage of Amazon’s total workforce as it ran up to 1.5 million people in December 2022, than the cuts seen at some other tech giants.

While talking on the subject, Jassy told workers that the extra layoffs were necessary as the company plans to downsize after years of hiring.

Especially during the coronavirus pandemic when people turned to the internet for shopping.

Earlier, Microsoft said it would eliminate 10,000 jobs in January which is almost 5 percent of the global workforce, as it braces for a potential recession. 

The CEO Satya Nadella said, “While we are eliminating roles in some areas, we will continue to hire in key strategic areas,” in an email to employees.


Sheetal Bhalerao
Sheetal Bhalerao
  • 796 Posts

Subscribe Now!

Get latest news and views related to startups, tech and business

You Might Also Like

Business
Dec. 8, 2022

Beat The Burden Of Medical Inflation With A Health Insurance

As disease rates rise and medical technology develops, treatment costs climb. It’s essential to understand that medical costs are not exclusively associated with hospitals. The cost of prescription drugs, diagnostic procedures, ambulance and operating room fees, consultations with doctors, and other costs are also constantly increasing. All of them could put a big strain on […]

Business
Dec. 8, 2022

3 Biggest Changes Of iOS 16.2 Update That Every iPhone User Should Know!

In its latest update Apple said that it is preparing for the iOS 16.2 update for iPhones across the world. Notably, like the previous release, there are a couple of changes coming for the iPhones.  iOS 16.2 Update Release Date So far, Apple has not announced a release date for iOS 16.2 update. Reportedly, the […]

Business
Dec. 8, 2022

300 Microsoft Employees Create Employee Union, First Time Ever: This Is How Microsoft Reacted

Around 300 workers at Microsoft Corp.’s ZeniMax Studios have commenced the process of forming a union which is said to be the first at the software giant in the US.  Here, Microsoft Corp.’s ZeniMax Studios known for popular video games including Skyrim and Fallout. Forming Union In Microsoft Corp Moreover, the quality assurance employees at […]

Business
Dec. 7, 2022

India Beats China In Air Travel Safety: Ranking Jumps From 102 To 48 In Global Aviation Safety

India’s air safety protocols and executions have improved drastically over the years, as validated by the findings of a specialized agency of the United Nations, the International Civil Aviation Organization or ICAO. The UN watchdog has upgraded India’s ranking in terms of aviation safety to the 48th position, jumping past the rankings of countries like […]

Recent Posts

Related Videos

   

Subscribe Now!

Get latest news and views related to startups, tech and business

who's online