In a move that has sent shockwaves through the tech industry, the Biden administration has announced changes to the H-1B visa program, effectively locking out some employers from accessing the coveted visas. The new regulations, which are set to take effect in the coming months, will prioritize the selection of H-1B visa recipients based on their wages, with a focus on attracting high-skilled workers who are paid at least $60,000 per year. Critics argue that this shift will disproportionately affect smaller and medium-sized businesses, which often rely on the H-1B program to hire foreign workers for specialized roles. As the US grapples with a growing labor shortage and a rapidly changing job market, the implications of these changes are set to be far-reaching, with potential consequences for the tech industry and the broader economy.
Trump’s Changes Lock Some Employers Out of H-1B Visa Program The New York Times
