Oracle, a tech giant, is hiring thousands of foreign workers despite laying off thousands of American employees. The company has filed over 3,100 petitions to bring in H-1B visa holders, sparking outrage among some on social media. Critics say the program favors foreign workers at the expense of Americans with comparable skills.
The news comes as US tech employment is seeing its worst start to the year since 2023, with AI blamed for tens of thousands of job cuts. Oracle’s mass layoffs come after Amazon, another tech giant, cut 16,000 corporate employees earlier this month.
Companies like Oracle and Amazon rely on H-1B visas because they can’t find local candidates with comparable skills. However, critics argue that the program places American workers at a disadvantage. The company, chaired by billionaire Larry Ellison, informed thousands of global workers that their roles would be eliminated due to a broader organizational change.
Source: https://www.aol.com/outrage-oracle-makes-thousands-foreign-022110660.html