Highly Skilled Foreign Talent Scramble in Wake of Layoffs
Since the fourth quarter of last year there has been a substantial wave of companywide layoffs from the tech company sector across the U.S. Lombardo explains that “According to the data on the website layoffs.fyi, which tracks tech layoffs since COVID-19, there have been over 250,000 layoffs from 1,356 different tech companies.” Most foreign workers in this sector maintain an H-1B visa with limited time to find a new job or else face few other slim options, while most may be forced to leave the country. (See Worldwide ERC, Published in Global Workforce, “What Does the Wave of Tech Layoffs Mean for Foreign Talent?” Emily Lombardo, 2/27/2023)