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Reply to "microsoft lays off 700 with another 2200 come june."
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[quote=Anonymous]"60 Minutes" is covering the H-1B scam tonight. They're even interviewing Americans who had to retrain their low-cost replacements! Usually the media focuses on the Indian bodyshops like TCS, Infosys, Wipro, and others that will have to charge the going wage if H1B eliminated. The US contributes nearly 62 per cent of the exports. Analysts are of the opinion that Indian tech companies could easily witness around 60-70 per cent rise in salaries of H-1B visa dependent workforce, leading to a 5-10 per cent hit on the margins, depending on the total base of employees currently on H-1B visas. [b]Asked why Indian companies were in panic over the protectionist stance of the new US administration, Murthy said Indian companies will have to learn to work with non-Indian professionals and become more multi-cultural.[/b] Heights of hypocrisy. The company with the highest number of H1Bs is giving a lecture to others. [b]If NM has guts he should stop Infosys from filing H1B applications[/b]... http://timesofindia.indiatimes.com/business/india-business/stop-sending-indians-on-h-1b-start-hiring-us-locals-narayana-murthy-to-it-companies/articleshow/56941808.cms [/quote]
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