Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Oracle files H-1B visa petitions amid mass layoffs

nationaltoday.com

Post reply on HN
Print view View original

331–340 of 350 posts

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

#331

Post by p_l »

thebytefairy wrote: post #323
p_l wrote: post #70

Earlier quoted context omitted.

They should also trigger holds on bunch of other operations, like stock buyouts or sales by people with active or recent relationship to the company

Employees should not be able to sell their stock if their company decides to do layoffs? What is the rationale?

Because if there's stock-based renumeration, it's 100% certain it applies and probably is considerable portion of renumeration of those deciding on layoffs.

Honestly, I'd preferably make it so that stock movement is frozen for a time except for laid off employees

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

#332

Post by b112 »

xp84 wrote: post #311
b112 wrote: post #301

Earlier quoted context omitted.

Yes, that's why I specifically mentioned it. If the best data you have is conjoined, then you must either figure it out, or ignore it. Do you know what percentage, exactly, are retired vs "giving uo"? No? Then when someone says full employment, they're right unless you have specific and precise data to counter that. We could also discuss people too sick to work. Or on maternity leave. Or wealth vs desire to work. Or…

> Then when someone says full employment, they're right unless That's odd. The burden of proof is not exclusively on one side.

The burden of proof is predicated upon a well established economic terms. You want to refute those century+ old definitions? Alter them?

Then yes, you have to start the dance. And work at it. And convince the entire planet to change.

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

#333

Post by aaztehcy »

subhobroto wrote: post #329
mtlynch wrote: post #297

Earlier quoted context omitted.

Thanks for the kind words! To clarify, I certainly agree it's possible for a business to succeed without using H1B visas, especially for something small at the the scale of TinyPilot (7 people when I sold). I just mean on a large scale, the companies that use H1B visas will generally outcompete the ones that don't. What's the cost difference between a US citizen and an H1B? I'd guess it's something around 20% less ex…

> Thanks for the kind words! You deserve and earned them! > There's so much frictional cost to hiring someone on an H1B visa (legal fees, admin overhead) that it's not practical if you're only hiring 1-2 employees Very true but as you saw in my email, I have extremely experienced friends back in India who I have been able to hire as contractors without issue. No H1B - just plain old Slack, email and Forgejo. The play…

[flagged]

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

#334

Post by zapatos »

rdtsc wrote: post #8

Wherever their major offices are look for newspapers in the small towns nearby advertising for "Software developers for Oracle" all written in the tiniest print, right next to classified that sell used bikes, car parts and other stuff. - "Well, Uncle Sam, we looked so hard in US and nobody answered our job posts, we have to go to ... $othercountry to hire, there is no other way"

Heard a job ad for a TikTok senior data scientist on FM radio at 11am last week.

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

#335

Post by [deleted] »

alephnerd wrote: post #61
guzfip wrote: post #45

Earlier quoted context omitted.

Yeah you don’t want to work 60+ hours a week to be even remotely close to what you were making before?

> Yeah you don’t want to work 60+ hours a week These are union jobs where hours worked don't extend beyond 50 hours including overtime and with significantly lower barrier to entry compared to software. Why should American SWEs earn more than Accountants (around $80k), Teachers (around $70k), or Mechanical Engineers (around $80k)? It's this kind of attitude that makes non-techies feel schadenfreude. Techies moan and…

[deleted]

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

#337

Post by oa335 »

rayiner wrote: post #143
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…

> America is at near full employment What America is full of is fake employment statistics that are artificially inflated by young people hiding out in school to avoid the bad job market.

Prime age employment is near all time highs: https://fred.stlouisfed.org/series/LNS11300060

20-24 age employment has been about the same for last 16 years:

https://fred.stlouisfed.org/series/LNS11300036

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

#340

Post by rayiner »

oa335 wrote: post #337
rayiner wrote: post #143

Earlier quoted context omitted.

> America is at near full employment What America is full of is fake employment statistics that are artificially inflated by young people hiding out in school to avoid the bad job market.

Prime age employment is near all time highs: https://fred.stlouisfed.org/series/LNS11300060 20-24 age employment has been about the same for last 16 years: https://fred.stlouisfed.org/series/LNS11300036

It’s not at all time highs. Your chart combines the data for both genders, which causes the decline in employment to be masked by the separate trend of women working outside the home. Male prime age employment is down 10 percentage points from 1955: https://fred.stlouisfed.org/series/LRAC25MAUSM156S

Male 20-24 employment rate is down 14 percentage points since 1960: https://ycharts.com/indicators/us_labor_force_participation_...

Post reply on HN