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EN
Amazon, Microsoft Urge Workers to Stay Put as Trump Drops $100K H-1B Bombshell
['Business Times']
Business Times : Top News
ET, has created a sudden scramble that could disrupt global mobility for some of the most in-demand workers in Silicon Valley and Wall Street.
Amazon, Microsoft, Meta and JPMorgan Chase issued late-night guidance instructing H-1B workers in the U.S. to avoid international travel and those abroad to return immediately.
Microsoft employees received a memo urging them to "stay put for the foreseeable future," acknowledging that the order "may not leave much time to make travel arrangements."
The cost represents a dramatic escalation from the current process, where fees amount to only a few thousand dollars over the three- to six-year duration of an H-1B visa.
The U.S. issues 65,000 H-1B visas annually, plus 20,000 for applicants with advanced degrees, with India accounting for 71% of beneficiaries and China roughly 12%.
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