Source: Computer World
Several companies have alerted investors that a changing U.S. political environment could limit access to H-1B and L-1 visas, which they say could hurt their businesses.
In filings with the U.S. Securities and Exchange Commission, offshore and U.S.-based outsourcing firms said they are unsure how the election of Barack Obama and the seating of a new Congress will affect their efforts to maintain adequate visa levels.
Bangalore, India-based Wipro Ltd., one of the largest users of H-1B visas, warned in documents filed shortly after the November elections that "increasing political and media attention" directed at outsourcing may lead to legislation that restricts visa use or "imposes disincentives" to expanding the use of foreign workers in the U.S. Click here for complete story.
The H-1B program should be scrapped until there is full employment of the mass layed off I.T. workers who were forced to dig their own graves by training the H-1B workers who then replaced them.
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