Hasty Briefsbeta

Companies Are Lying About AI Layoffs

3 hours ago
  • #worker replacement
  • #tech layoffs
  • #H-1B visa
  • Companies claim economy and AI are causing tech layoffs, but evidence suggests otherwise.
  • Vanessa Wingårdh analyzed H-1B visa data, revealing American workers are being replaced by cheaper H-1B visa workers.
  • WSJ reported on this issue following concerns raised by senators.
  • H-1B data from U.S. Citizenship and Immigration Services shows high numbers of approved beneficiaries for major corporations.
  • Layoff numbers from news articles are significantly lower than H-1B approvals, indicating potential replacement of local workers.
  • Examples include Google (15,010 H-1B approvals vs. 12,000 layoffs) and Microsoft (14,707 H-1B approvals vs. 9,000/15,000 layoffs).