Hold onto your keyboards, tech fam! 🚨 A new U.S. executive order has sent shockwaves through global tech circles by raising the annual H-1B visa fee to a jaw-dropping $100,000—effective September 21. Cue the panic emojis! 😱
For those not in the loop: The H-1B program lets U.S. companies hire foreign talent in specialized fields (think coding wizards 🧙♂️ and AI innovators). But this fee hike—which feels like a plot twist from Silicon Valley meets Black Mirror—could hit startups and mid-sized firms hardest. 💸
Who’s sweating? 🌡️
- International tech pros eyeing U.S. opportunities
- Companies relying on global talent pools
- Innovation hubs fearing brain drain 🧠⚡
One Bengaluru-based developer told us: "This feels like a ‘Closed for Business’ sign." Meanwhile, Bay Area startups are scrambling to crunch new budget numbers 📉. Could this reshape the global tech map? 🌐 Let us know your thoughts below! 👇
Reference(s):
cgtn.com