Will H-1B Visa Holders Feel the Pain of Impending Cisco Layoffs?
Posted by Don TennantJun 1, 2011 9:28:14 AM
As Cisco Systems gears up for what may be the biggest round of layoffs in its history, it will be interesting to see how Cisco, one of the biggest sponsors of H-1B visas in the country, makes the decisions of who stays and who goes. It would be extremely unfortunate if it’s found to have released American citizens ahead of H-1B workers strictly in the interest of cost savings.
Cisco won’t say how many jobs it plans to eliminate, but according to a May 13 Reuters report, analysts predict the number could go as high as 4,000:
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