Boomers when millennial girlbosses were screeching about needing DEI to counteract the intersectional oppression of the gender pay gap:
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META EMPLOYEE TAKES TO REDDIT TO EXPLAIN ZERO OF THOSE LAID OFF WERE VISA WORKERS
A Meta employee posted on Reddit that they barely survived yesterday's layoffs. Their direct manager had 40-50 reports across two combined teams. Both managers are American citizens. About 40% of the team was on visa.
Yesterday they lost about 15 people combined from both teams. Guess how many of those 15 were on visa vs American?
0 on visa. All 15 were American citizens and green card holders.
Here is the reality:
H-1B workers are captive. Their visa is tied to the employer. They can't job hop, can't negotiate, can't push back. Deportation is the alternative. From a cold management perspective, they are the "safer" employees to keep.
Americans have leverage. They can quit, sue, leave for competitors. That makes them the first to go.
There is no law requiring companies to retain Americans first during layoffs. None. That is the loophole.
No company will ever publish visa status breakdowns of their layoff lists. So this will stay in anecdote territory forever. By design.
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A Meta employee posted on Reddit that they barely survived yesterday's layoffs. Their direct manager had 40-50 reports across two combined teams. Both managers are American citizens. About 40% of the team was on visa.
Yesterday they lost about 15 people combined from both teams. Guess how many of those 15 were on visa vs American?
0 on visa. All 15 were American citizens and green card holders.
Here is the reality:
H-1B workers are captive. Their visa is tied to the employer. They can't job hop, can't negotiate, can't push back. Deportation is the alternative. From a cold management perspective, they are the "safer" employees to keep.
Americans have leverage. They can quit, sue, leave for competitors. That makes them the first to go.
There is no law requiring companies to retain Americans first during layoffs. None. That is the loophole.
No company will ever publish visa status breakdowns of their layoff lists. So this will stay in anecdote territory forever. By design.
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Cisco’s Indian President Jeetu Patel fired 4,000 Americans.
While 4,000 American families process Cisco's layoffs, Jeetu Patel is doubling down on 1,570 new Indian H-1B hires.
Cisco rakes in billions from American taxpayers, only to fire 4,000 hard working Americans.
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While 4,000 American families process Cisco's layoffs, Jeetu Patel is doubling down on 1,570 new Indian H-1B hires.
Cisco rakes in billions from American taxpayers, only to fire 4,000 hard working Americans.
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CATO posts stuff that they believe supports their argument but winds up being incredibly red pilling.
I had no idea the vast majority of “legal immigration” came from adjusting status. So basically fake asylum claims, tourist overstays, H1Bs, etc….
I, like most people, assumed most legal immigrants came the old fashioned way represented by the purple line.
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I had no idea the vast majority of “legal immigration” came from adjusting status. So basically fake asylum claims, tourist overstays, H1Bs, etc….
I, like most people, assumed most legal immigrants came the old fashioned way represented by the purple line.
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Bitcoin ETF weekly net flows down two weeks in a row now, but at magnitudes consistent with past outflows.
bluroo ai
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bluroo ai
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Media is too big
VIEW IN TELEGRAM
California. Violence broke out after yesterday's graduation ceremony at West Moore High School when a student was reportedly jumped and stabbed multiple times by several individuals.
Police said a 15-year-old boy stabbed a 21-year-old. The boy has been arrested. The victim's injuries are not considered life threatening.
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Police said a 15-year-old boy stabbed a 21-year-old. The boy has been arrested. The victim's injuries are not considered life threatening.
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You can literally test someone’s IQ in 90 seconds by asking them to pronounce 50 words.
The more they get correct, the higher their IQ.
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The more they get correct, the higher their IQ.
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The 17% gain in the S&P 500 over the last 8 weeks is the 20th biggest 8-week gain for the index since 1950.
What has happened in the past following the biggest short-term rallies?
Above-average forward returns (+27% average over the subsequent year vs. +11% in other periods).
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What has happened in the past following the biggest short-term rallies?
Above-average forward returns (+27% average over the subsequent year vs. +11% in other periods).
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“Just say you don’t want any immigration”
“I don’t want any immigration”
“Ha. Wow. So just say you don’t want any more non-white people coming to the US”
“I don’t want any more non-white people coming to the US”
“So just say you’re racist, then”
“I’m racist”
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“I don’t want any immigration”
“Ha. Wow. So just say you don’t want any more non-white people coming to the US”
“I don’t want any more non-white people coming to the US”
“So just say you’re racist, then”
“I’m racist”
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