12,000 people are now out of work after their employer, tech giant Intel, lobbied for more foreign workers to come into the U.S.
What are these newly unemployed people supposed to do now?
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The Daily Caller reports:
Intel Lays Off 12,000 People After Lobbying For More Foreign Workers
One of the top users of foreign workers imported via the H-1B visa program announced Tuesday it’s laying off about ten percent of its global workforce.
Tech giant Intel is laying off some 12,000 workers, although it’s one of the country’s 15 largest users of H-1Bs, which are temporary visas that allow companies to hire foreign workers for American tech jobs. The big-time layoffs come even as the company has called for hikes in the number of foreign workers it is able to hire using H-1B visas.
The chip-making giant said the mass firings are part of a “restructuring initiative” that will further its shift away from the PC business toward smart devices and cloud-based computing.
But the firings stand out in light of Intel’s lobbying to expand the H-1B visa program. In 2013, the company’s government affairs managers complained that Intel simply can’t find enough homegrown workers in technical fields to meet its needs. And in 2014, the company called for allowing the spouses and children of H-1B recipients to automatically qualify for work in the U.S. as well.
Our leaders just keep giving it all away.
And yet some people continue to wonder why Trump is so popular.