CIO
CIO quotes Loren Locke on the implications of Trump's proposed $100,000 H-1B visa fee for technology companies.
From the Article
"The $100,000 H-1B fee means companies will likely continue recruiting these students for OPT positions but then deploy them to nearshore offices in Canada or Mexico after their OPT expires rather than paying six figures to keep them in the US."
"We're essentially training top talent at American universities only to export them to compete against us."
"The $100,000 H-1B fee essentially creates a two-tiered system: Large multinationals have the flexibility to avoid the fee through nearshoring, while smaller employers lose access to international talent altogether."