Why do you only copy certain parts of the posting?
Sorry about that.. trying to save whitespace
At a high level; why is that these companies have so many h-1b's working for them? Is it that American's don't want these jobs? These companies will expect people to take less and they can only attract foreigners.
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Good point. These companies really can't find citizens who are willing to work for startups. How many people would leave a nice cushion of working at Intel, Microsoft, Google to work for YouTube, LVL7, MySpace etc. (without knowing they'll make money)
These people don't pay less. Really money doesn't become an issue. It's : benefits, job pressure ( working 18- 20 hours a day for months and years ), insecurity, instability on job (coz its a startup
! may go down any time ), respect( would like to work for some unknown co or INTEL ?), less or no 401k benefits, no child support, you name it there are many.
Why would some do it -> Success, Money !!
It hasn't been posted much on these forums but the cybersoftech president got convicted for immigration fraud. This spurred a newspaper in Maine to investigate all the companies who have filed labors and h-1b in Maine from the same virtual office. It was very hard hitting.
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Valid points! the company you are mentioning is a Consulting company, a cheap, money-sucking, exploiting, heartless body shopping hell !. The companies I'm talking about are
1) You-Tube Sold to google ~ $1.6 B - > # of employees ~ 70, Revenue ~$0 !! (may a few Million )
2) LVL7 Sold to Broadcom ~ guess $75M , # employees ~ 85, a lot of H1B, Revenue - really not a lot
3) IKANOS Went IPO worth ~ $250 M, #employees - ~200, Founder Indian, Many Indian H1-B's working.
I can list out atleast ~ 10 odd Tech companies which had < $10 Million revenue and were acquired by big corps for decent money ( read between $50M - $!B ).
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Just a matter of time before other newspapers pick up on this in Iowa, wisconsin, new hampshire, delaware.
** They also picked up YouTube and Google(preIPO),
)
As I've said when there is momentum on increasing greencards, etc.; are you ready for someone to study the other side of it and do you have your arguments in place.