"It's a significant shift that demonstrates how major companies are changing their policies in response to Trump's strict immigration agenda that could have major ramifications for US businesses and high-skilled workers from overseas. Walmart's policy change, which was first reported by Bloomberg, comes after President Donald Trump announced a $100,000 fee on the visas designed for high-skilled positions that companies struggle to fill."
"The H-1B is a work visa that's valid for three years and can be renewed for another three years. Economists have argued the program allows US companies to maintain competitiveness and grow their business, creating more jobs in the US. Major tech companies are the largest users of the program. Walmart, which has a significant and rapidly growing online marketplace that competes with Amazon, currently employs more than 2,000 H-1B visa holders, according to government data."
Walmart paused job offers to foreign candidates requiring H-1B visas for U.S. work, citing adjustments to its H-1B hiring approach. The move follows President Trump announcing a $100,000 fee on H-1B visas intended to curb program abuse. The H-1B is valid three years with a three-year renewal. Economists say the program helps U.S. companies remain competitive and expand, creating more jobs. Major tech firms are the largest users, and Walmart currently employs over 2,000 H-1B holders. The fee could impose large costs on firms, affect thousands of H-1B workers, and disproportionately impact skilled professionals from India.
Read at ABC7 Los Angeles
Unable to calculate read time
Collection
[
|
...
]