No. of Recommendations: 8
reuters.com - US suspending permanent residency program for microsoft vance saysThe US suspended Microsoft (MSFT.O), opens new tab, major IT outsourcers and software maker Adobe (ADBE.O), opens new tab from a key green-card program on Thursday while opening probes into nine top universities, widening a crackdown it says targets fraud and protects American jobs.
Since taking office, US President Donald Trump has pursued a broad effort to reduce the number of foreign-born people in the US and curtail their pathway to residence and citizenship. Thursday's twin actions mark the broadest strike yet against skilled-worker immigration programs — potentially cutting off a common path to permanent residency for foreign tech workers — while putting some of the country's top research universities on notice.
"There has been no company in the United States, unfortunately, that has abused the system more than Microsoft," Vice President JD Vance said. He said the company laid off 6,000 American workers last year while benefiting from 6,300 H-1B temporary worker visas and nearly 3,000 green cards.
His comments came hours before Trump honored tech billionaires for their contributions to America, including Microsoft CEO Satya Nadella. Nadella once held an H-1B visa, as did Elon Musk, who was also honored, while three of the other CEOs honored are immigrants.
If you draw a line through every tech company since the 1970's whose founders and or leadership, was either born outside the US or from parents who were, there wouldn't be a whole lot left.
Jeff
