Wave of Bay Area tech layoffs may foreshadow something worse
sfgate.com
sfgate.com
I was on a team (at a big famous SF company) that was all Indian people on visas and the entire leadership structure up to Satya Nadella was Indian.
If anything this seems ominous for Americans.
I've been scouring the internal job board, which is just a version of the external board with extra internal information attached, and all the promising jobs seem to have a notice plastered on them that says:
"THIS NOTICE IS BEING FILED AS A RESULT OF THE FILING OF AN APPLICATION FOR PERMANENT ALIEN LABOR CERTIFICATION. ANY PERSON MAY PROVIDE DOCUMENTARY EVIDENCE BEARING ON THE APPLICATION TO THE REGIONAL CERTIFYING OFFICER OF THE U.S. DEPARTMENT OF LABOR."
When I apply for them I never hear anything back.
I don't really know what that notice means, but I am a citizen and really want (and am more than qualified for) the jobs they are posted under.
The employer already intends to hire the immigrant. In fact, the immigrant may already be working for them on an H1-B or other visa. So it's effectively a job listing that is already filled.
Not to mention, within the Indian community, there is caste-based and religion-based discrimination too. I'm sure the HN community is no stranger to that news.
I’ll put $5 on 2024 being one of the most frothy markets as materially relevant AI stuff hits production, the much predicted and prepared for recession never materializes, and inflations dips out of sight.
I’ve been watching the market closely for the past two years and it’s just stunning to see the number of startups that have no obvious value add proposition.
It’s mostly dishonest swindling with no path to profitability.