These are the companies that receive the most H1B approvals because they have large numbers of high skill employees, so it isn’t surprising that they have thousands of visas approved. But the total number of visas across the country is capped annually per the law (by Congress). All H1B workers combined are still only a fraction of a percent of the total jobs in America.
Another thing to keep in mind that these are also the largest and most innovative companies, and that’s in part due to having access to the best available talent. Those H1B workers cost the companies MORE than American workers. These companies have standardized compensation by job and level and it isn’t different for immigrants. But immigrants come with the additional costs of the immigration process, on top of having the same salary. This isn’t a cost saving measure, it’s a path to continuing to stay innovative and relevant.
As for layoffs - these are mega corps so one part of the company may be doing layoffs in their business while another business within the same company is hiring. And you’re seeing the total effects (layoffs and hiring), and it seems contradictory, but it’s actually just a bunch of little decisions that aren’t tied to each other.
Another thing to keep in mind that these are also the largest and most innovative companies, and that’s in part due to having access to the best available talent. Those H1B workers cost the companies MORE than American workers. These companies have standardized compensation by job and level and it isn’t different for immigrants. But immigrants come with the additional costs of the immigration process, on top of having the same salary. This isn’t a cost saving measure, it’s a path to continuing to stay innovative and relevant.
As for layoffs - these are mega corps so one part of the company may be doing layoffs in their business while another business within the same company is hiring. And you’re seeing the total effects (layoffs and hiring), and it seems contradictory, but it’s actually just a bunch of little decisions that aren’t tied to each other.