🚨 HUGE Immigration News: Trump just proposed a big change to the H-1B. No more lottery, but weighted selection by wage. Based on your job code and location, your base salary %ile will slot you into one of 4 groups. 85k H-1Bs are selected in decreasing order IV > III > II > I. If there are more applicants than slot, lottery happens within a group. The data from LCA applications, those selected into the H-1B, shows 13% level IV and 24% III from ~480k apps. This means mostly level IV will fill up the 85k cap. This has about 30% chance of being a law by 2027. What does this all mean? I outlined the big consequences of this bill below.
@CatallaxySpirit @TheLobbyistGuy It's been explained. 75% are renewals, only 25% are net new H-1Bs. Layoffs in tech companies happen based on business functions, not based on immigration status.
Deedy
Deedy5.7. klo 02.04
"Microsoft laid off 9000 people and replaced them with 14,181 H-1Bs" which is a misleading narrative. Most petitions are renewals that need to be done every 3yrs. In 2024, Microsoft had ~1200 new H-1Bs: —~25% of all H-1B petitions —~10% of new headcount —0.5% of total employees
591,75K