H-1Bs coming under attack from laid off workers

[manly]

mithrandir2001,

I'm not even referring to social responsibility, as a lot of free-market Republicans would simply laugh at that argument as socialist.

I'm referring to using a blanket "maximizing shareholder value" excuse for all kinds of business decisions; including in this case, lying to Congress that there were tens of thousands of unfilled tech jobs requiring a massive increase in the H1B Visa program. Like I said, in general, I'm all in favor of immigration as that's how this nation was built.

Worse off is the twisted logic used sometimes to justify the excuse. Such as a corporation must shower money at top execs to attract the best & the brightest to come work for them. Like nord1899 suggested, the argument that giving top execs such a huge financial incentive in the company helps to ensure maximal shareholder value is ridiculous. Dole out options less liberally and actually shareholder equity wouldn't become diluted. And if anything, we've seen that excessive options compensation often leads to greed & fraud rather than brilliant business execution.

 

[LittleWolf]

Originally posted by: mithrandir2001
If your representative voted a few years ago to raise the H1-B limit, write them a letter explaining how your vote is in jeopardy because he/she does not value high-paying American jobs.

Companies who sell out and ship IT jobs offshore will learn the hard way. Foreign labor may be cheaper but you get what you pay for. Non-English-speaking code monkeys don't grow a business, home-grown technology professionals with American college degrees do.

Hhmmm... interesting opinion. Wonder what you would think if I told you that a good bit of Sun OS Kernel, drivers and Windows OS portions is actually ghost written by Indian (in your words Non-English-speaking code monkeys...) professionals in India...

You obviously seem to have very little or superficial knowledge about the actual IT field.
While I am not contending the fact that there equal number of good and bad developers who come on H1, you gotta realize and screen the good from the bad. The last couple of years of IT gold rush has unfortunately made even window-washers and janitors rush into programming profession and funnily enough, they tend to think quite high of themselves. This fact sadly applies both to local American and H1 professionals alike...


-j