Hacker News Reader

Comment by fergie | Hacker News Reader

> They do not see Google, Meta, Amazon, etc, recruiting on campus

Really? As in FAANG has stopped recruiting graduates?

They still probably do, but mainly in India.

FAANG employees here are cheap to hire. They work very hard to remain rich or become rich from nothing (50-60LPA will basically make you rich in 5-6 years if you save and invest well). Leetcode grind and competitive problem solving is Indian childhood bread and butter these days. And given how much househelp exists in India this kind of model is perfectly suited to be outsourced to young and middle aged Indians who have virtually no life beyond CTC anymore.

I’m just surprised it took them this long to outsource.

The risk of course is people start their own companies learning from big tech and Indians get more UPI like tech.

If the Democrats were smart (they are not) they could landslide next election (and 5 more) by running a simple campaign, “Americans First,” the core of which would be to slap 1000% tax of any job which is outsources. Your company wants to hire someone from X, for every dollar paid in salary you have to pay $100 to the IRS.

then they'd immediately create an indian subsidiary, Google SEAsia, and the hire through them

that's what many do anyway

there could be a tax on offshoring in general but good luck getting that passed, or enforcing it

> good luck getting that passed, or enforcing it

not sure I have seen this type of comment when we - for entertainment of the masses more so than anything else - slapped a $100k fee for H1B to be delivered in manila envelope to Mar-a-Largo.

The "good luck getting that passed" is where the problem lies, there is no "America First" that anyone actually wants, the entire "America First" is missing "Americans Last" in that slogan.

The "enforcing" it part is actually quite easy :)

The funny thing is that this same 60LPA person will happily take a 300k job (assuming parity) with a 50% tax cut because the standard of living is still quite high in maybe Atlanta or Pennsylvania compared to Hyderabad or Bangalore.

In the above scenario the federal government is collecting zero taxes for the employees and the shareholders are getting richer.

By cutting H1Bs the Americans are actually losing money by outsourcing jobs and creating a larger divide between the rich and the poor. Something that the rich actually don’t have a problem with and something people just seem to miss.

> …something people just seem to miss

this is because “people” have stopped thinking for themselves are overwhelmed by “social” and all the rest of the “media” pushing whatever narrative the ruling party wants them to hear. they see “oh look, we have a problem with H1B which will be solved by $100k payment” - boom - “America First /s”

I work on a project where 40+% of staff is off-shore, surely it is much worse in many other places

So are you saying that no multinational company ca have employees overseas?

This is really a poorly thought out proposal.

there are tens of thousands of national companies - hence the term “out”sourcing.

the “multinational” issue can be solved as well (if anyone cared to solve it)

So exactly how do you solve it? Don’t let any multi national companies hire from outside of the US?

Are you going to also ban “national” companies from setting up overseas departments?

we can start with 37,574 national companies which will take care of tens / hundreds of thousands of jobs and expand out.

don’t be a “can’t be done” person looking for excuses, be a solution guy - it will serve you well in life. this is an actual real problem that needs a solution - be a part of that solution

And you are going to tell all of them they can’t hire cheaper developers but the multi nationals can? You do realize that it puts them at a competitive disadvantage?

Are you going to also tell them they are not allowed to expand overseas?

you are completely missing the point…

No you are making completely illogical proposals without thinking about the very obvious knock on effects or how illogical it really is.

I am not a graduate but Apple has reached out to me twice in the past month. Many others too so I wouldn’t say it’s absolutely dead but it’s tightened a bit.

Reply on news.ycombinator.com