rsm
Well-known member
You may have heard that Microsoft is offering 60,000 employees a voluntary package to leave / end their employment.
If employees refuse the package they will be able to keep their jobs, at least temporarily.
having been a CTO at a global tech company, I can see where this will probably go.
those who don't take the voluntary termination package will find their roles eliminated by a restructure or reorganization. once positions are eliminated you no longer have a job. anyone management wants to keep, will be moved into other existing roles or newly created roles which may have many of the same role descriptions as the eliminated positions.
one way or another, MSFT will achieve t's target of reduction in workforce of 60,000 employees.
once these employees are terminated, they will fill many roles with contractors - this is huge in many tech companies, where call centers, support and data center management are completely outsourced to third-party companies.
Other eliminated roles will be replaced by foreign H1-B visa holders.
The H1-B visa program provides an economic cost incentive to companies to hire these workers vs US citizens. The oversight and rules of H1-B visas are the way they are because big tech money influences the politicians to keep the H1-B visa program the way big US companies want.
As long as the H1-B visa program exists, qualified, skilled US citizen and US legal residents will be at a competitive and economic disadvantage.
If you don't like the H1-B visa program as it exists today, you need to contact your elected representatives and tell them so. They are getting political donations from US corporations to keep the H1-B visa program as is, or make it even easier for these corporations.
Step one is to request a moratorium / freeze of all H1-B vasa applications in-process now; and all visas approved in the last year.
Step two is to demand investigations (FTC, and other Federal agencies) into the top 5 or 10 US companies that have the highest number of H1-B visa workers to determine if US workers were denied jobs or lost jobs to H1-B visa holders - anecdotally we know it, we need evidence and numbers to prove it and the extent of it.
Step three, demand the findings of step two be used to rewrite/replace the current H1-B visa program in favor of US citizen / legal residents so that US corporations have a higher burden of proof to justify using H1-B visas foreign workers.
This is key: Another requirement is that the compensation rate range for the position be determined by market based third party data - i.e., if the market rate range for the job is estimated at $200,000 to $250,000 annual salary for a 40-hour work week, that is what is to be paid to whoever is hired in that role, US citizen, US legal resident or H1-B visa holder. This is key because it removes the cost incentive for companies to hire foreign workers over US citizens and legal residents which will ensure, with government oversight on any H1-B visa request, that the cost is the same to the hiring company irrespective of who they hire. It levels the playing field for US workers to compete on skills, experience, knowledge vs cost.
Cheers!
If employees refuse the package they will be able to keep their jobs, at least temporarily.
having been a CTO at a global tech company, I can see where this will probably go.
those who don't take the voluntary termination package will find their roles eliminated by a restructure or reorganization. once positions are eliminated you no longer have a job. anyone management wants to keep, will be moved into other existing roles or newly created roles which may have many of the same role descriptions as the eliminated positions.
one way or another, MSFT will achieve t's target of reduction in workforce of 60,000 employees.
once these employees are terminated, they will fill many roles with contractors - this is huge in many tech companies, where call centers, support and data center management are completely outsourced to third-party companies.
Other eliminated roles will be replaced by foreign H1-B visa holders.
The H1-B visa program provides an economic cost incentive to companies to hire these workers vs US citizens. The oversight and rules of H1-B visas are the way they are because big tech money influences the politicians to keep the H1-B visa program the way big US companies want.
As long as the H1-B visa program exists, qualified, skilled US citizen and US legal residents will be at a competitive and economic disadvantage.
If you don't like the H1-B visa program as it exists today, you need to contact your elected representatives and tell them so. They are getting political donations from US corporations to keep the H1-B visa program as is, or make it even easier for these corporations.
Step one is to request a moratorium / freeze of all H1-B vasa applications in-process now; and all visas approved in the last year.
Step two is to demand investigations (FTC, and other Federal agencies) into the top 5 or 10 US companies that have the highest number of H1-B visa workers to determine if US workers were denied jobs or lost jobs to H1-B visa holders - anecdotally we know it, we need evidence and numbers to prove it and the extent of it.
Step three, demand the findings of step two be used to rewrite/replace the current H1-B visa program in favor of US citizen / legal residents so that US corporations have a higher burden of proof to justify using H1-B visas foreign workers.
This is key: Another requirement is that the compensation rate range for the position be determined by market based third party data - i.e., if the market rate range for the job is estimated at $200,000 to $250,000 annual salary for a 40-hour work week, that is what is to be paid to whoever is hired in that role, US citizen, US legal resident or H1-B visa holder. This is key because it removes the cost incentive for companies to hire foreign workers over US citizens and legal residents which will ensure, with government oversight on any H1-B visa request, that the cost is the same to the hiring company irrespective of who they hire. It levels the playing field for US workers to compete on skills, experience, knowledge vs cost.
Cheers!
