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Going to be good I think, a lot more domestic hires and more ai agent usage.
You are funny, if anything I have been getting tired of fixing things that offshore resources configured. The offshore resources have a lot of trouble grasping USA payroll including flsa policies.
Rising Star
Love to see it. You will all realize that we really don’t need them. All they do is make-work.
Imagine thinking we went to the moon, but somehow we no longer have the tech to do so.
Don’t understand why people are hyped about this outcome. You do realize all major IT infrastructures, apps, softwares, systems are built by people working in those tech firms (and by people having a work visa). Companies will not pay for the fee, meaning immigrant workers will be let go, then who’s going to maintain/improve these systems? If AWS goes down, would Amazon have enough people on-call to get it back up? If people are let go, how about instagrams, facebooks and social medias we’re using? Those are real things built/developed by those hard working immigrant workers, and can’t imagine the impact if it really happens.
D2 do you know how many experienced tech and consulting workers there are on the market right now that have been looking for one to two years? Are u that out of tune with the market? This isn’t just my personal experience, but also observations on LinkedIn, but then also speaking to recruiters who have been doing this for 20 years and matching tech talent with large and medium size companies and have said that there have never been more unemployed, white collar talent in the last 15 years
Per person per year.
Pro
Tariffs on Indian services exports will eliminate the offshoring. We're fighting a hydra here so a multi headed approach is needed.
No just common business sense - I know it would kill the Guidehouse / WITCH model but that’s capitalism
I don’t think it’ll have a massive impact on the traditional consulting firms. Entry point is campus undergrads and MBAs for MBB and Big 4, so they can just pivot to hiring American graduates from the same undergrad majors or with similar pre-MBA work experience. Having been on target campuses for both those entry points, there’s plenty of comparable talent that doesn’t need sponsorship.
I agree, but I also think if they really need the workers they will pay the fee. They can easily pay these people 20k less over 5 years and that will make up the fee.
Let’s make work obsolete. Everyone just needs to spend time on their smartphones and gets paid.
Love it
Consulting and tech will be less profitable for the partners/mds/execs
True consulting not - tech implementation has always been a commodity / like call centers
In my experience, most of the visas I’ve seen handed out in professional services have been a tool to under pay workers on domestic teams, no differentiated skills that you can’t find out of American universities. The B4 at least is already maximally incentivized to use offshore resources where they can (the margin difference is insane, I’ve built the pricing models). I can’t speak for technology, but in an industry where folks are paying 300k+ a year for US based software engineers, the $100k tax seems like something these companies would still pay for the actually differentiated skillset that doesn’t exist (e.g. AI researcher, semiconductor design, robotics SME, etc.). I also think a more straightforward and transparent immigration system where all you have to do is pay the toll would make the market much more black and white to allow companies to make a more strategic choice where the skill is needed.
The problem with this model is that it disproportionately benefits big tech.
Startups will have their access to talent cut off while big tech hoards talent and keeps their competitive edge.
e.g., OpenAI wouldn’t be what it is without Ilya Sutskever if the $100k hurdle existed….
It will be disruptive for sure. But then exemptions will be made for those companies that do what dear leader asks for. I initially thought his tech billionaire posse would be hit hard, but chances are more likely that they asked for this - knowing FAANG will get an exemption while companies like Infosys and Tata get run out of USA.
The billionaires will not be hit, as long as they make sure to share their billions with the dear leader.
But IT consulting will certainly get hit, and not just the India based ones. Most of the profit that US based IT consultancies make on their engagements comes from the offshore and landed resources. U.S. resources (especially experienced ones) barely cover their cost rates. Even if we could find US based replacements for all landed and offshore resources, prices to the clients would have to increase massively to a level that would destroy a lot of business cases for IT transformation programs.
The first and most immediate effect is that they're going to offshore even more.