Tuesday, March 18, 2008

Indian outsourcers get all the H-1B visas

Business Week mag reports:
Guess Who's Getting the Most Work Visas
Indian outsourcers top the list of companies bringing foreign workers to the U.S. on the H-1B program

Overall, six of the top 10 visa recipients in 2007 are based in India; two others among the top 10, Cognizant Technology Solutions (CTSH) and UST Global, are headquartered in the U.S. but have most of their operations in India.

Microsoft (MSFT) and Intel (INTC) are the only two traditional U.S. tech companies among the top 10. Microsoft received 959 visa petition approvals, or one fifth as many as Infosys, while Intel got 369.

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