Elimination of H-1B visas hit several companies
The president of the United States decided to suspend H-1B visas that will be likely to hamper numerous American companies including Amazon, Google, IBM, Apple and Facebook which were among the leading ten receipts of new H-1B visas in the previous year finance, according to the information revealed by the United States Citizenship & Immigration services.
The director of immigration studies, Alex Nowrasteh said that the decision of the US president will hamper the American companies and destroy jobs. His elimination of visas will decrease scientific study in the United States of America. The ban will also generate American companies think twice about detecting in the USA. Congress drop corporate tax in 2017 to attract companies to America, but they won’t come if they cannot recruit employees they demand, he told.
BSA software alliances which estimates Intel, Microsoft and IBM among its associates also stated that the decision will hinder the economy of the United States of America. It also told that the access to the foreign intelligence including to the specialization offered by the US employees, is literally riskier for the recovery as well as growth of all sectors of the United States economy, involving the software industry which assists 14.4 million employments and meanwhile, contributes $1.6 trillion to the overall GDP annually.