TCS Announces Halt to New H-1B Visa Hiring! CEO's Big News and the Story Behind It?
I was really intrigued when I heard this news! TCS's CEO has personally announced a halt to new H-1B visa hiring, focusing instead on local talent. What could this signify? Let's discuss!
Hello everyone! Today, I want to share some significant news from the IT industry with you all. It's about the statement made by K Krithivasan, the Chief Executive Officer of the global IT services company TCS (Tata Consultancy Services).
New H-1B Visa Hiring Officially Halted?
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On October 13th, TCS CEO K Krithivasan made a surprising announcement: the company would halt the hiring of new H-1B visa holders in the current fiscal year. 😮 This is a crucial decision that could significantly impact the IT talent market in the United States.
Why This Decision?
K Krithivasan CEO officially acknowledged through news reports that TCS will no longer actively recruit new H-1B visa employees. This clearly demonstrates the company's commitment to prioritizing local talent recruitment. 🤔
Strengthening Local Talent Recruitment: The Reason Why?
TCS is known to have approximately 110,000 to 120,000 employees currently working on H-1B visas. In this context, halting new H-1B hiring and emphasizing local talent could be a move to align with the U.S. government's tightening regulations on H-1B visas. Alternatively, it might signal an intention to contribute to local job creation in the long term. K Krithivasan CEO highlighted 'designated [...]' through this policy shift, hinting at future directions. (According to the original feed information, there was specific content after 'designated,' but it's unclear from the provided information.)
What Does This Mean for Domestic IT Talent?
According to Indian local media, TCS's decision is expected to gradually impact Indian IT professionals as well. There are projections that the doors to employment in the U.S. through H-1B visas might narrow. 😟
What Are Your Thoughts on This News?
It seems we need to pay closer attention to the changes TCS's decision will bring to both the U.S. IT market and Indian IT talent. Do you have similar experiences or thoughts on this matter? Please feel free to share your opinions in the comments!
Global corporate movements like these give us much to ponder. Let's keep an eye on TCS's future actions and whether these changes will influence other companies. 😊