H-1B Visa Regulation Changes and TCS's Strategy: Strengthening Local Talent Recruitment, What's Next?
I also found this news quite interesting when I first heard it! 🤔 IT giant TCS has announced a new strategy in response to changes in US H-1B visa regulations. Surprisingly, TCS plans to reduce new hires through H-1B visas and focus more on securing local talent in the US. Let's explore what impact these changes will have on the IT industry as a whole! 💡
Hello! Today, I have some exciting news that could bring about significant changes in the IT industry.
There's been a lot of news recently regarding US H-1B visa regulations, and in this context, the actions of global IT services giant TCS (Tata Consultancy Services) are attracting attention. As I've encountered this news, I've become very curious about how the IT labor market will evolve.
TCS Shifts Focus to Local Talent Instead of H-1B Visas
According to news from New Delhi on October 13th, TCS is making substantial changes to its hiring practices in the United States. Instead of hiring new applicants for H-1B visas, the company has stated it will concentrate more on identifying and recruiting local talent within the US. 🇺🇸
TCS CEO K. Krithivasan has made it clear that the company does not plan to hire new applicants through H-1B visas. This statement strongly indicates a commitment to transitioning to local recruitment.
Evolving H-1B Visa Policies and TCS's Adaptation
TCS's decision is not unrelated to the recent increase in H-1B visa-related fees by the US government, up to $100,000 annually. This fee increase can cause considerable difficulties for IT companies operating in the US in terms of short-term workforce allocation. The H-1B visa is an non-immigrant visa that allows US companies to employ foreign professionals in specialized fields such as technology and engineering.
TCS's Head of HR also commented on these changes, adding that TCS's business model will naturally adapt to the changes in H-1B visa policies. This clearly shows the strategy of a major IT services company to gradually localize its workforce within the US. 🗺️
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What's Next?
This announcement from TCS could accelerate the trend across the IT industry to reduce reliance on foreign labor and strengthen local talent recruitment. Specifically, the moves by large employers like TCS are expected to have a considerable impact on other companies.
What are your thoughts on TCS's policy change regarding H-1B visas? I'd love to discuss how the global labor market in the IT sector will evolve. Please leave your opinions in the comments! 👇
Looking forward to the new opportunities this change might bring to all of us, let's continue to explore various news from the IT industry together. 😊