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uselessadjective t1_jcpj70v wrote

Reply to comment by Suzki in Big tech companies are selling their Silicon Valley campuses amid struggle by McFatty7

**Someone already replied but I'll put it again, BayArea owners keep on voting against to put more residential buildings to protect their overpriced real estate.

This is the reality tbh.

So you might see these spaces mostly getting converted to some kind of mall or something else which doesn't effect the house prices**

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uselessadjective t1_j1guo6l wrote

Reply to comment by Raalf in Tech Layoffs Set the Clock Ticking for Foreign Workers by buncley

What you mentioned is H1B Consulting Firms NOT companies like Google, Microsoft, Tesla, Meta etc...

When you say you managed 3500 positions I expected you to have better knowledge of H1B Consulting Firms vs H1B Product Based Companies

You just desribed the problem. Most folks don't know these 2 types of H1B Companies and are way too over confident to pass a judgment

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uselessadjective t1_j1grzsj wrote

Reply to comment by Raalf in Tech Layoffs Set the Clock Ticking for Foreign Workers by buncley

Woah, I am shocked at most of the comments here.

I used to work for a big billion dollar firm on H1B (long time back) and my package was over $300K. I mean come on, I used to get over $60K just in stocks every year.

There is so much wrong news that H1Bs are underpaid. If the folks are referring to Consulting Firms then YES they abuse H1B.

Bur companies like Google, Microsoft, Amazon, Meta pay over $400K also for qualified H1B.

So using a blanket statement that All H1Bs are undeepaid and used to replace local jobs is wrong

These are mostly stupid folks commenting here. Either they are disconnected from the reality OR Just pure jealous.

One thing which I have seen in H1Bs or folks on VISA is they work way too hard (because they purchase house, have kids etc and can not afford to uproot everything and end up overworking). Unfortunately US Capitalism wants more revenue every quarter to show to NYSE so the H1B guy working day-night takes the promotion. It is mainly the drive to suceed. I have seen over 1000s of H1B guys almost all working 12+hrs daily (weekend working pretty common) and guess what Corporate America Likes this..

So if you wanna blame then blame Corporate America

Now I have Green Card so I dont toil hard over weekends, Guess what my VP has caught another H1B guy who can deliver 2 projects :) This is a system and not fault of H1B folks. I am now on other side of the fence and probably VP might kick me out some day because he'll obviously draw my comparison with the other H1B folk (who works 2x for the same salary). Corporate America guys. So you have a choice Either work like hell OR Coporate American Execs will just find an excuse to replace. I am on the other side of the fence but I know life of H1B guy is. The harsh truth is One can not compete with a guy who is willing to work 15hrs daily to protect his working status What will a local guy do here ? Tell me some genius idea which I can also implement in my life.

It is the Executives, CEOs, COOs takinf advantage of the system. I also know some folks on H1B in Google getting $650K. I know a doctor on H1B who gets $800K yearly but these guys are asked to work 15+hrs a day and they work happily because they want to succeed at every cost.

Even if locals try to compete they will have to keep their 'work-life balance out' and trust me the moment anyone tries to bring this up to HR then they'll be shown the door using some excuse.

Corporate America wants slaves to work which can lead to more projects in shorter timeframe, more revenue. Cost is not much of a factor. Also Trump and Obama Admin did a lot of cleanup.

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