This really sucks for people caught in the H-1B process...
My understanding is that it doesn't allow new visas, but it doesn't affect current ones. How about rewnewals?
Might be the stake in the heart of the tech industry.. It will create a shortage of local labor, and if you can’t fill the demand here, there’s really no choice but to use teleworkers from other countries. Once that becomes normal practice nobody will want to spend the money for local labor.
It's funny how the Visa suspension will probably backfire and normalize outsourcing. Broad actions like this one have a ton of unintended consequences.