"I woke up around 5:30 a.m. on Saturday in London and saw an email from lawyers with "urgent notice" in the subject line. We had an employee who was supposed to enter the US in the coming days after their H-1B visa petition was approved earlier in the year. The lawyers outlined President Trump's executive order issuing changes to H-1B visa rules, including that companies would need to pay a $100,000 fee per H-1B employee."
"It was hard to fully understand the situation at first, but I wasn't particularly concerned. The people we hire create so much value for our company that $100,000 is truly a rounding error. Our company is looking to expand in the US, and we plan to submit more H-1B petitions in the next lottery. One executive order will not change my belief that an organization's success or failure is a function of its people."
"In 2018, a friend and former colleague and I started Metaview together, which uses AI to help recruiters be more productive. We have so far raised around $50 million. There are between 30 and 40 people in our team: Roughly two-thirds are based in Europe and one-third in the US, but we're aiming to make the ratio 50/50 over the next six months. We started the company in London, and opened our San Francisco office in August"
Shahriar Tajbakhsh, CTO and cofounder of AI recruitment platform Metaview, received urgent legal notice about an executive order imposing a $100,000 fee per new H-1B visa. Metaview had an approved H-1B petition for an employee due to enter the US soon. Tajbakhsh said the fee would not deter hiring because employees generate far more value than the cost. Metaview was founded in London in 2018, has raised about $50 million, employs 30–40 people across Europe and the US, and plans to expand its US presence and submit more H-1B petitions.
Read at Business Insider
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