* 200,000 tech employees lost jobs in the US since November.
* 30 - 40% of the affected are Indian IT professionals who are on H-1B and L1 visas.
* 60 days grace period for non-immigrant visa holders to find another job or they will have to
leave the US.
* Swedish music streamlining company decides to trim 6% of its workforce or 600 employees.
With a series of layoff announcements by all top tech companies globally, reports suggest that 60,000 - 80,000 India IT professionals in the US have lost jobs. A majority of them are said to be on H-1B and L1 visas, who will have to find another job within 60 days or pack up.
Microsoft, Meta, Amazon and Alphabet together have laid off 51,000 employees. Till now, 3,11,592 employees have lost jobs, according to Layoffs.fyi, which compiles data from public reports and tracks layoffs. In 2023 alone, 174 tech companies laid of 56,570 employees.
Many affected Indians have shared their stories on social media.
* Monambigha M, one of the impacted Google employees, said in a LinkedIn post that she must spring back into action as being an immigrant on an H-1B visa does not give her the flexibility to take time off. She joined Google only 10 months ago.
* After working with Google for three years and six months, Kunal Kumar Gupta received the termination mail.
According to HR experts, it is not difficult for those who lost jobs in the US to find one in India. Hiring intent for IT professionals across tech and non-tech companies to revert to its pre-pandemic levels.
"Hot skills such as full stack engineers, data analysts and scientists, DevOps specialists and cloud engineers will be sought after.
- Uma Kannan in the NIE
My take
Hard times but we will tide over these rough times!
Tailpiece.
Got up at 6, the chores and was ready by a half past 9.
The maid was at work today.
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