Engineers dislike H-1B; bosses gloat

Irwin Jacobs chimes in about immigration reform - How convenient that what he wants just happens to reduce workers salaries and puts more money in the Jacobs family pockets....
— March 12, 2013 9:08 p.m.

Engineers dislike H-1B; bosses gloat

Jacobs meets with Obama to push for more H-1B Visas: You would think that being given 10,000 H-1B Visas in 10 years for a workforce of only 12,000 people would be enough. But Jacobs redefines corporate greed. It's kind of satisfying to see Qualcomm mentioned in the same breath as Goldman Sachs though as it makes it clear what Qualcomm is all about...
— February 7, 2013 10:30 p.m.

Engineers dislike H-1B; bosses gloat

Don, earlier we discussed the stunning possibility that Qualcomm is actually a net generator of tech labor into this region rather than a net consumer of American jobs. Here is one data point that backs up this claim: According to money magazine, Qualcomm employment increased 6% in 2012 and the company added 794 new jobs. It further states that turnover also ran about 6% which equates to another ~800 new hires: H-1B statistics show that Qualcomm received 1600 H1B Visas in 2012: In other words, 6% of the company left to take jobs elsewhere (probably most in San Diego) these openings along with the other 800 new jobs went largely to foreigners. Mathematically this means that Qualcomm was a net generator of ~800 workers into this region in 2012 rather than a consumer of labor. As a side note, Money magazine also shows that the company received 82,000 job applications in 2012. This clearly shows how American workers are left to play on the companies career website while the jobs go to foreigners.
— January 18, 2013 9:33 a.m.

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