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Oracle files H-1B visa petitions amid mass layoffs

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Re: Oracle files H-1B visa petitions amid mass layoffs

#251

Post by dangus »

noosphr wrote: post #171
JumpCrisscross wrote: post #159

Earlier quoted context omitted.

> real wage growth. Something that's not existed since the 1970s Real wages are 15% higher than they were in 1979 [1]. [1] https://fred.stlouisfed.org/series/LES1252881600Q

That is not hourly earnings. Americans are working longer than they did in 1970. On top of that even if we take your link at face value that's a 0.35% growth per year. The medieval warm period had faster wage growth.

And let’s not forget that single income households converted to dual income households, from 47% to 66% of married couples.

https://taxfoundation.org/data/all/federal/america-has-becom...

(Not my favorite think tank but they have a nice chart.)

Re: Oracle files H-1B visa petitions amid mass layoffs

#252

Post by subhobroto »

skippyboxedhero wrote: post #102
dexwiz wrote: post #39

Earlier quoted context omitted.

Because our government is not run for the workers but the owners. Full stop.

To be clear too, this is not capitalism. This is corporatism. Large companies dictating economic companies is anti-innovation. It can only end with disaster and more control/corporatism because lower-productivity workers does not produce higher long-term growth. Temporarily you are able to get your bonus and stock options from the spread between imported and native workers but, eventually, demand and supply stop (and…

> Unfortunately, the Chinese were right

About what? Are you familiar with how the life of a Chinese salaryman is going about for the last one year while us in the West are trembling in our shoes about how open weight Chinese models are threatening SOTA frontiers?

> Large companies dictating economic companies is anti-innovation

Yes but what's the solution? To pass even more regulation against the large companies and make them behave?

> in Europe where you can see a clear gap between countries that are built on non-zero sum systems which are thriving, everything just works

Some concrete examples?

Re: Oracle files H-1B visa petitions amid mass layoffs

#253

Post by [deleted] »

orochimaaru wrote: post #51
QGQBGdeZREunxLe wrote: post #43

It's always puzzled me that layoffs don't result in a temporary bar from using the H1B system like it does for filing PERMs with the DoL.

The H1B has “speciality” categories. You can lay off in one “speciality” while hiring for others. It’s silly but that’s how it’s setup at the moment. I agree with you. The category list in H1B needs to be trimmed. So that companies have less wiggle room for things like this. The layoffs were also worldwide. Not sure what the impact to US workers was. India was hit hard.

[deleted]

Re: Oracle files H-1B visa petitions amid mass layoffs

#254

Post by jmspring »

pnw wrote: post #68
pj_mukh wrote: post #37

Earlier quoted context omitted.

Just to cut through the headline here. The largest chunk of Oracle layoffs were in India [1]. In comparison, they've barely fired any American workers. Contrary to popular opinion, IT workers aren't interchangeable and there exist a large swath of jobs that very few people qualify for (HN should know this) because of the specialization required. America is at near full employment [2]. Replacing American workers with…

Oracle laid off 491 people in Seattle this week.

[flagged]

Re: Oracle files H-1B visa petitions amid mass layoffs

#255

Post by wellthisisgreat »

jltsiren wrote: post #110
ergocoder wrote: post #73

Earlier quoted context omitted.

Stanford also filed an H1B this year to hire an IT person. https://x.com/chrisbrunet/status/2037376353461567734 Apparently, no citizen wants to do this job? Why do we allow things like this?

Without knowing anything about that particular case, I would assume that the person was initially hired as an F-1 student and later changed to OPT status. University IT tends to hire students to entry-level positions all around the world. And now Stanford wants to keep the proven employee instead of going through the uncertainty of hiring a new person. So maybe the actual question is what kind of a Stanford undergrad…

or people just like IT administration and Stanford as a work environment? Family etc. factors?

Re: Oracle files H-1B visa petitions amid mass layoffs

#258

Post by Izikiel43 »

QGQBGdeZREunxLe wrote: post #43

It's always puzzled me that layoffs don't result in a temporary bar from using the H1B system like it does for filing PERMs with the DoL.

I agree, if you are doing layoffs, you should be banned from the following year H1B visa lottery. If you really need some extraordinary guy, there other visas for that.

Re: Oracle files H-1B visa petitions amid mass layoffs

#259

Post by Izikiel43 »

Muromec wrote: post #211
PearlRiver wrote: post #65

Earlier quoted context omitted.

The US only has two political parties and they are both, secretly, pro immigration. The EU is actually clamping down on it because of populist/far right parties. I know someone who runs a Thai restaurant and he cannot fly in a cook from Asia. He has to find someone from Europe.

The EU is mostly clamping down on asylum seekers that are abusing the procedural rules, despite not having a solid claim on asylum. Think of someone from a place that isn't nice enough, but well above the threshold of absolute shitshow with genocidal aftertaste that allows protection. Such people, by virtue of claiming to require asylum get temporary protection and right to residence and then clog the system by appea…

> asylum seekers that are abusing the procedural rules, despite not having a solid claim on asylum.

Out of curiosity, isn't that the same case as what happened with the Biden immigration surges, at least Venezuela? And now the current administration is taking action?

Re: Oracle files H-1B visa petitions amid mass layoffs

#260

Post by subhobroto »

mtlynch wrote: post #235
fooker wrote: post #137

Earlier quoted context omitted.

There's not much preventing you from starting a company and not hiring immigrants. This is something I'd encourage everyone with strong opinions about work visas to try and accomplish. You don't change a system by crying about it on anonymous internet forums, you do it by competing against it and making it redundant.

That's missing the point. Ultimately, companies who use H1B visas will outcompete companies who don't because the H1B system gives them cheaper labor costs. The solution has to come at the regulatory level. 150 years ago, if you told someone "oh if you want safer factories just build one yourself," that business would never survive because they'd get outcompeted by the less scrupulous factory owners who were happy to…

> Ultimately, companies who use H1B visas will outcompete companies who don't because the H1B system gives them cheaper labor costs. The solution has to come at the regulatory level.

I have utmost respect of your work, a customer of your fantastic product and have been meaning to reach out to you for a while (infact I learned about Cory from your blog in 2021) but I had to push back hard on this.

TinyPilot didn't happen in India nor China. I can argue it would have been cheaper to build it at any one of those countries but you know much better about it than I.

Labor costs only matter when you're selling an absolute commodity that has no edge than price.

Of all the people I would have expected to say that the solution has to come at the regulatory level given the experience, success you've had, with your transparency in how your company was doing, I am utterly surprised it was you.

I am more than happy to continue, reached out - I just wish our initial email would have been way more pleasant!

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