Here's what is happening large companies tired of dealing with this system have setup offices in Ireland, Canada etc.
When they want to hire people from outside US they move them to Ireland, Canada etc. and than will either keep them there or move them to US on H1B (if they win the lot.) or GC (takes 2 years+). So outside of loosing 2 years of tax revenue (or all future years of tax revenue based on them staying in satelite office I am honestly confused of what is exactly the benefit to US.