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The U.S. has lost thousands of tech workers to Canada — here's why - TL;DR CNBC

The U.S. has lost thousands of tech workers to Canada — here's why

Publishing timestamp: 2023-11-14 08:30:01


Summary

The article discusses how layoffs in the United States have left H-1B visa holders in limbo and at the mercy of U.S. employers. It mentions that Canada has launched a pilot program allowing up to 10,000 U.S. H-1B visa holders to apply for a three-year open work permit. The program is part of Canada's Tech Talent Strategy and aims to attract top tech talent. The article also mentions the growth of Canada's tech market and the interest from H-1B visa holders in moving to Canada.


Sentiment: MIXED

Tickers: GOOGAMZNGOOGLMSFTAAPLMUMETA

Keywords: alphabet incvideo firstmeta platforms incamazon.com inclayoffsmicron technology incapple incbusiness newscanadaalphabet class ctechnologymicrosoft corp

Source: https://www.cnbc.com/2023/11/14/why-the-us-has-lost-thousands-of-high-skilled-workers-to-canada-.html


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