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by unsnap_biceps
533 days ago
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Tesla laid off 14,500 folks in April 2024 and then they received 2,405 H1Bs in 2024. "Tesla workers said that many employees let go were more senior engineers with higher compensation and they have been replaced with junior engineers from foreign countries at a lower pay." https://electrek.co/2024/12/30/tesla-replaced-laid-off-us-wo... One of the biggest issues with H1Bs is the fact that it reduces the employee's ability to change jobs and thus reduces their bargaining power for wages and thus depresses the wages across the board over time. That seems to be the main driving force for Musk behind the bluster around labor shortages. I've worked with a few folks on H1Bs and they've all been paid significantly less than I have in the exact same role. Less base and less RSUs. |
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