{"id":1287767,"date":"2024-11-26T11:30:28","date_gmt":"2024-11-26T06:00:28","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1287767"},"modified":"2024-11-26T11:31:03","modified_gmt":"2024-11-26T06:01:03","slug":"amazon-beats-infosys-tcs-to-become-1-h1b-visa-sponsor","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/amazon-beats-infosys-tcs-to-become-1-h1b-visa-sponsor\/","title":{"rendered":"Amazon Beats Infosys, TCS To Become #1 H1B Visa Sponsor"},"content":{"rendered":"\n

There is a notable decline in sponsorships of H-1B visas, particularly by major US tech companies, as revealed in a data analysis for 2024.<\/p>\n\n\n\n

How Did This Happen?<\/strong><\/p>\n\n\n\n

It won’t be an exaggeration to say that this report signals a shift in the landscape of foreign employment in the US as tech giants such as Amazon, Infosys, Google, and IBM have reduced the number of H-1B visas issued this year.<\/p>\n\n\n\n

\"Amazon<\/figure>\n\n\n\n

Interestingly, Indian nationals continue to dominate the pool of H-1B visa holders.<\/p>\n\n\n\n

They had over 72% of all H-1B visa recipients in 2023, it appears that the US companies appear to be scaling back their reliance on this visa category.<\/p>\n\n\n\n

Basically, this recent trend is in contrast with the surge in H-1B applications by US-based firms like Amazon and Google in recent years.<\/p>\n\n\n\n

It seems that several Indian IT firms are  focusing more on local recruitment and Green Card sponsorship.<\/p>\n\n\n\n

As we know, the H-1B visa program  allows US companies to hire foreign workers in specialty occupations.<\/p>\n\n\n\n

Basically, it played a crucial pathway for skilled immigrants, particularly from India.<\/p>\n\n\n\n

But as we have mentioned earlier, the 2024 data suggests a shift in this trend, with companies opting for alternative strategies or focusing on domestic talent.<\/p>\n\n\n\n

Top 10 Companies Sponsored Most H-1B Visas <\/strong><\/p>\n\n\n\n

Let’s go through the top 10 companies who have sponsored the most H-1B visas in 2024, as per the data released by USCIS<\/a>.<\/p>\n\n\n\n

1) Amazon Com Services LLC with  9,265 approvals<\/p>\n\n\n\n

2) Infosys Limited with 8,140 approvals<\/p>\n\n\n\n

3) Cognizant Technology Solutions with 6,321 approvals<\/p>\n\n\n\n

4) Google LLCwith  5,364 approvals<\/p>\n\n\n\n

5) Tata Consultancy Services Limited with 5,274 approvals<\/p>\n\n\n\n

6) Meta Platforms Inc with 4,844 approvals<\/p>\n\n\n\n

7) Microsoft Corporation with  4,725 approvals<\/p>\n\n\n\n

8) Apple Inc with 3,873 approvals<\/p>\n\n\n\n

9) HCL America Inc with 2,953 approvals<\/p>\n\n\n\n

10) IBM Corporation with 2,906 approvals<\/p>\n\n\n\n

It is noteworthy here that companies such as Amazon and Indian IT services firms Infosys and Tata Consultancy Services (TCS), have significantly reduced their sponsorship of H-1B visas in 2024. <\/p>\n\n\n\n

Besides this there is another revelation in this USCIS data indicating a significant decline in H-1B visa approvals for nearly all of the top 15 sponsoring companies, for the fiscal year 2024 (October 1 to September 30).<\/p>\n\n\n\n

As of, Amazon remains the largest sponsor but its approvals decreased from over 11,000 in 2023 to just above 7,000 in 2024. <\/p>\n\n\n\n

In the case of the Indian tech giants including Infosys and Tata Consultancy Services, both with substantial US operations, also saw considerable drops.<\/p>\n","protected":false},"excerpt":{"rendered":"

There is a notable decline in sponsorships of H-1B visas, particularly by major US tech companies, as revealed in a data analysis for 2024. How Did This Happen? It won’t be an exaggeration to say that this report signals a shift in the landscape of foreign employment in the US as tech giants such as […]<\/p>\n","protected":false},"author":27,"featured_media":1287775,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[105,282],"class_list":["post-1287767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-amazon","tag-h1b-visa"],"acf":[],"yoast_head":"\nAmazon Beats Infosys, TCS To Become #1 H1B Visa Sponsor - Trak.in - Indian Business of Tech, Mobile & Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/amazon-beats-infosys-tcs-to-become-1-h1b-visa-sponsor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon Beats Infosys, TCS To Become #1 H1B Visa Sponsor - Trak.in - Indian Business of Tech, Mobile & Startups\" \/>\n<meta property=\"og:description\" content=\"There is a notable decline in sponsorships of H-1B visas, particularly by major US tech companies, as revealed in a data analysis for 2024. 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