I work on a team where most members are Indian and on H1B. There was no talk (in English at least) about the visa changes. Are current H1B employees not worried and will work out the remainder of their visa period or are they all applying for roles in India and will leave the firm as soon as they can?

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It applies to new visa licenses. Current visa holders are expected to be unaffected.

What we don’t quite know is whether the fees will be applied if you do a transfer as part of taking a new job or a materially changed role.

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Yes, but companies that rely on H1B to keep prices low will need to raise prices and compete on quality. That is certainly going to cause certain firms to win less work than before. I would think that employees would see this coming and prepare. The rate adjustments and possible demand by customers not to use H1Bs due to uncertainty in future changes will happen as yearly rate cards are renewed and new RFPs are issued.

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KPMG1 is not getting it.

They are worried, but that doesn’t mean that they should talk about it during work hours in a work setting.

You work for an Indian firm. Shouldn’t you be more worried about your job getting shipped overseas ?

All possible roles are already overseas. I am in one of the onsite-required roles.

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