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  #16  
Old March 21st, 2009, 09:37 PM
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Re: H-1B visa holders to get pink slips at Microsoft

this is nothing but a political move to placate the domestic audience in the worst recession since the great depression. once things start picking up steam it will be business as usual. the premise for the stimulus package was to create local jobs and generate demand!! This way ppl wll have more confidence and start spending the money, so that they can buy goods and services which ultimately will benefit China and India....

I dont see dramatic changes in policy with regards to free markets. there are some small protectionist measures enacted that too within stimulus money. The administration will not go beyond this since its a global economy. They'll go till a point where the resistance is at levels that can be managed. They will not push beyond that point.

For all you pundits predicting days for US are over. The next innovation also will come from America. It will not come from India, China or Europe. Already steps are being initiated in this regard like green technology, clean coal tech, biotechnology, genetics, stem cell research..
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  #17  
Old March 21st, 2009, 11:05 PM
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Re: H-1B visa holders to get pink slips at Microsoft

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Originally Posted by gayaguzra#1 View Post

For all you pundits predicting days for US are over. The next innovation also will come from America. It will not come from India, China or Europe. Already steps are being initiated in this regard like green technology, clean coal tech, biotechnology, genetics, stem cell research..
Kya baba Seems like Al Gore and John Kerry finally got to you!!
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  #18  
Old March 22nd, 2009, 02:03 AM
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Re: H-1B visa holders to get pink slips at Microsoft

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Kya baba Seems like Al Gore and John Kerry finally got to you!!
lets wait and watch the future will tell who got who
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  #19  
Old March 22nd, 2009, 09:47 AM
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Red face Re: H-1B visa holders to get pink slips at Microsoft

US H-1B visa restrictions to end in two years
22 Mar 2009, 1842 hrs IST, PTI


WASHINGTON: The US government's controversial restriction on companies hiring skilled foreign workers with non-immigrant H-1B visas will continue for only two years, the immigration department has said.

As part of a stimulus package passed last month for revival of the economy, President Barack Obama signed a new law, named "Employ American Workers Act", which makes it difficult for the companies having received government bailout funds to hire H-1B foreign workers.

However, the US Citizenship and Immigration Services (USCIS), in a circular issued with its invitation of H-1B applications for the next fiscal, has now made it clear that the EAWA requirements are not permanent and would "sunset two years from the date of enactment."

EAWA, which prevents a company from displacing US workers when hiring H-1B specialty occupation workers if the company received stimulus funds, took effect on February 17, 2009 and it applies to any "hire" taking place before February 17, 2011.

The Act defines "hire" as an employer permitting a new employee to commence a period of employment; that is, the introduction of a new employee to the employer's US workforce.

USCIS has said that it would begin accepting H-1B visa applications from April 1 for the next fiscal and would subject the applications to various terms and conditions related to EAWA.

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