Hey fam, buckle up! On September 21, a new US exec order just dropped a bomb on tech recruiters: the annual fee for employers sponsoring H-1B visas shoots up to $100,000. 😱
So, what’s the H-1B visa program anyway? It’s a work permit that lets US companies hire specialists in fields like STEM, finance, design, and more. Every year, about 85,000 spots are up for grabs, making it a lifeline for global tech talent. 🌐
This fee hike doesn’t just hit big tech giants. Here’s who’s most affected:
- Startups racing against time and budgets 🚀
- Small businesses adding skilled pros 💼
- International talent juggling visa plans ✈️
Many companies now face a tough choice: pass costs to customers, switch to local hires, or rethink their global talent strategies. The result? Panic and confusion both at home and abroad. 🌎
What’s next? We’re likely to see legal challenges, loud lobby efforts in DC, and maybe even a race for alternate tech hubs in Canada and Europe. Stay tuned—this story is just heating up! 🔥
Reference(s):
cgtn.com
