MUMBAI: Contractual H-1B visa holding employees are at higher risk as IT companies are reducing sub-contracting costs in an uncertain economic and political environment, following the recent US government's executive review on immigration.
The global lockdown to prevent the spread of covid-19 has threatened businesses to take extreme cost optimisation measures. Several Indian IT firms are re-evaluating their employee spends and amid a greater need to protect the jobs of permanent employees, contractual staff will be the first to be laid off. “In the US, employment is “at will", for both employers and employees, so those in permanent positions can still lose their jobs.