According to the US Citizenship and Immigration Services data, the share of Indian companies among the top 10 visa recipients has dropped from 51 per cent to 24 per cent during the 2016-19 period.
The decision by the Trump administration is going to impact a large number of Indian IT professionals and several American and Indian companies who were issued H-1B visas by the US government
A new immigration order issued by President Donald Trump on Monday that bars the entry of holders of certain temporary work visas
The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in specialty occupations that require theoretical or technical expertise
Trump, seeking another term in the White House in the November 3 presidential election, on Monday said the step was essential to help millions of Americans
President Trump on Monday issued the proclamation to temporarily suspend a number of popular non-immigrant visas
New H1-B ban would also hurt US companies
Recessionary environment, travel restriction to minimise the impact to a large extent
Indian IT companies have reduced their dependence on the visas because of the tightening of visa issuances
Around 1,500 non-resident Indians, who travelled for family emergencies and annual vacations are stranded in India since the lockdown
Work-from-home and increased local hiring should help mitigate its impact
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Since February, US employers have cut nearly 20 million jobs from payrolls, reversing almost 10 years of job gains, according to the Labor Department
Suspending this programme will only weaken our economy and our health care workforce at a time when the need to strengthen both is as clear as ever, Krishnamoorthi said
The visa suspension, which runs to the end of the year, seems to open up some 525,000 jobs for American workers, a senior administration official told reporters
The presidential proclamation that temporarily blocks foreign workers entering on H1B visas, are for skilled employees, and L visas for managers and specialised workers being transferred
Immigration has contributed immensely to America's economic success, making it a global leader in tech, and also Google the company it is today, Pichai said
Noting that there is a cap on H-1B visas of 85,000 every year, the official said that last year, 2,25,000 applications were received for those visas
The effects of the proclamation may not be immediately felt as the issuance of work visas had already dramatically declined due to the coronavirus pandemic
Trump also blocked those entering on H-2B seasonal worker visas, which are used by landscapers and other industries