Facebook will be the worst hit by Trump's crackdown on H1-B visa

According to a Reuter’s analysis of US Labour Department filings, Facebook could become one of the most vulnerable tech giants of the Silicon Valley if President Donald Trump implements his crackdown on guest-worker visas.

 

Facebook had more than 15% employees in 2016, who used a temporary work visa and that made Mark Zuckerberg’s company a H1-B dependent one. This percentage is higher that Apple Inc, Amazon and Microsoft as well.

Facebook could face further issues if Trump or Congress decide to make H1-B more restrictive. The President has already threatened to do so.

 

However, Trump did not bring in new set of rules that would affect H1-B dependent companies as of yet. But if Trump’s administrations does bring in changes in the existing rules of H1-B visa, then Facebook will be affected the most among other tech giants of the Silicon Valley because of its exposure.

 

In the mean time, White House Press Secretary, Sean Spicer has confirmed that the 45th President of the United States of America will target H1-B visas as part of a larger immigration reform through executive orders and Congressional action.

Facebook usually offered $ 145,550 for H1-B jobs compared to outsourcing firms like TCS, who offered $ 67,950, which was just a little above the $ 60,000 margin set by law for H1-B program.

 

Here’s how companies like Facebook use the H1-B visa:

 

These are the kind of visas which are meant for foreign internationals in speciality occupations which require higher education. According to the US Citizenship and Immigration Service, is not limited to scientists, engineers or programmers.

 

The government awards 85,000 H1-B visas every year through a lottery system.

 

Now Silicon Valley tech giants usually use them to rope in top notch talents from foreign countries.

Somehow majority of these visas are awarded to outsourcing companies like India’s Tata Consultancy Services and Infosys, who also hold H1-B dependent status.

 

Facebook usually offered $ 145,550 for H1-B jobs compared to outsourcing firms like TCS, who offered $ 67,950, which was just a little above the $ 60,000 margin set by law for H1-B program.