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H-1B visa: Trump administration issues major rule change

Moves by administration likely to end up in court, immigration law firm says

The administration of President Donald Trump on Tuesday moved to impose major new limits on use of the controversial H-1B visa, intended for jobs requiring specialized skills and widely used by Silicon Valley technology firms.

The new rules are expected to reduce the pool of skilled labor and raise costs for tech companies and other employers. Critics say that could force companies to move some operations outside the U.S.

The push to limit foreign workers comes one month before the election and as the nation still reels from the coronavirus pandemic. Employment levels are 10.7 million jobs down from February, before the virus hit and many businesses were closed.

Department of Homeland Security acting deputy secretary Ken Cuccinelli said a third of applicants would be denied under the new rules. Read more via SiliconValley.com

Pemo Theodore

Pemo Theodore is a Media Publisher & Event Producer and a great people connector.. She is Founder/CEO Silicon Valley TV which has served the San Francisco Bay Area for 11 years! She has produced Silicon Valley Events for Investors & Startups for 9 years. Pemo loves to video interview venture capitalists & founders to engage the human behind the success stories.. She has been Executive Producer of FinTech Silicon Valley for 5 years, organizing twice monthly FinTech talks & panels in San Francisco & Palo Alto. She believes in learning through a great discussion with experts in the domains. Pemo has a talent to bring the right people together and is an incredible networker. Pemo's events have been seen as supporting Venture Capitalists & Angels in sourcing great deal flow from startups who attend her events. Many founders have received funding through meeting investors at her events. Her favored medium is visual media and she has built up a great body of work of videos of panels & interviews in Silicon Valley.startup ecosystem.

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