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Tech layoffs across the US are motivating techies to move to the Great White North, with more than 6,000 H-1B skilled worker visa holders arriving in Canada as of October this year, according to CNBC. This comes after the Canadian government launched a pilot program on 16 July which allowed 10,000 American H-1B visa holders to apply for a three-year open work permit in Canada. The program reached capacity the following day. According to the American H-1B program, any skilled workers using this visa have 60 days to find a new employer or transfer visa status if they lose their job. Otherwise, they face being deported from Canada. Canada’s tech sector has quickly gained momentum in recent years, growing 15.7% since 2020 compared to just 11.4% in America. On the topic, Evan Sohn, chief executive officer at Aura by Bain & Company, celebrated Canada's strategic response to America’s tech layoffs, which have seen companies including Amazon and Microsoft getting rid of techies in their masses. “The Canadian government's approach underscores its position as a top destination for international talent, reflecting its competitive edge on the global stage,” Evan said via LinkedIn. “This shift raises important questions about the U.S.'s ability to retain top global talent and the future dynamics of the North American tech industry.” Read more via our blog: https://lnkd.in/gG7wVBbj #startuptips #startupjourney #investing #investingwisdom #investingadvice #investingstrategy #investingtips #angelinvesting #angelinvestors #angelinvestor #angelinvestment

Tech layoffs across the US are motivating techies to move to the Great White North, with more than 6,000 H-1B skilled worker visa holders arriving in Canada as of October this year, according to CNBC. This comes after the Canadian government launched a pilot program on 16 July which allowed 10,000 American H-1B visa holders to apply for a three-year open work permit in Canada. The program reached capacity the following day. According to the American H-1B program, any skilled workers using this visa have 60 days to find a new employer or transfer visa status if they lose their job. Otherwise, they face being deported from Canada. Canada’s tech sector has quickly gained momentum in recent years, growing 15.7% since 2020 compared to just 11.4% in America. On the topic, Evan Sohn, chief executive officer at Aura by Bain & Company, celebrated Canada's strategic response to America’s tech layoffs, which have seen companies including Amazon and Microsoft getting rid of techies in their masses. “The Canadian government's approach underscores its position as a top destination for international talent, reflecting its competitive edge on the global stage,” Evan said via LinkedIn. “This shift raises important questions about the U.S.'s ability to retain top global talent and the future dynamics of the North American tech industry.” Read more via our blog: https://lnkd.in/gG7wVBbj #startuptips #startupjourney #investing #investingwisdom #investingadvice #investingstrategy #investingtips #angelinvesting #angelinvestors #angelinvestor #angelinvestment

In the wake of Google's latest round of layoffs affecting as many as 1,000 employees, the harsh reality of working abroad under a skilled worker visa comes to light. If you find yourself in uncertain circumstances, you might face the prospect of returning to your homeland with no alternative. We can change that for you! Don't Let Your Visa Hold You Back - Upgrade to a Global Talent Visa! Introducing the Global Talent Visa - Your Shield in Turbulent Times! Unlike traditional skilled worker visas that tie your fate to your job, the Global Talent Visa empowers you to stay in the UK even after losing your job. Google's recent layoff announcement is a stark reminder of the potential pitfalls of skilled worker visas. Benefits of a Global Talent Visa: 1. Acquire Freedom: Break free from fear and vulnerability. This visa gives you control, letting you switch jobs without constraints. 2. Endless Opportunities: Explore your potential without limits—open doors to a world of opportunities beyond the grip of a single employer. 3. Secure Your Future: Bid farewell to sleepless nights and sudden dismissals. This visa offers security and peace of mind for your career and personal growth. 4. Transparent and Fair: Global Talent Visa operates on transparent and fair principles, unlike non-transparent sponsorships. This will help your talent radiate, creating an equal playing field for all migrants. Your Time Is Now! In the face of corporate uncertainties and unexpected layoffs, your visa should be your ally, not a hindrance. Upgrade to a Global Talent Visa and reach the opportunities and security. Don't let a layoff become a one-way ticket home - choose the visa that puts you in control of your international career! Connect with our expert team for more details. Contact us at [email protected] or visit our website at www.themistl.co.uk. You can also WhatsApp us at +44 7494010804. #globaltalentvisa #careersecurity #opportunityawaits #jobfreedom #immigration #workabroad #visaupgrade #professionalgrowth #employmentsecurity #talentmigration #jobflexibility #careeropportunities #visaoptions

In the wake of Google's latest round of layoffs affecting as many as 1,000 employees, the harsh reality of working abroad under a skilled worker visa comes to light. If you find yourself in uncertain circumstances, you might face the prospect of returning to your homeland with no alternative. We can change that for you! Don't Let Your Visa Hold You Back - Upgrade to a Global Talent Visa! Introducing the Global Talent Visa - Your Shield in Turbulent Times! Unlike traditional skilled worker visas that tie your fate to your job, the Global Talent Visa empowers you to stay in the UK even after losing your job. Google's recent layoff announcement is a stark reminder of the potential pitfalls of skilled worker visas. Benefits of a Global Talent Visa: 1. Acquire Freedom: Break free from fear and vulnerability. This visa gives you control, letting you switch jobs without constraints. 2. Endless Opportunities: Explore your potential without limits—open doors to a world of opportunities beyond the grip of a single employer. 3. Secure Your Future: Bid farewell to sleepless nights and sudden dismissals. This visa offers security and peace of mind for your career and personal growth. 4. Transparent and Fair: Global Talent Visa operates on transparent and fair principles, unlike non-transparent sponsorships. This will help your talent radiate, creating an equal playing field for all migrants. Your Time Is Now! In the face of corporate uncertainties and unexpected layoffs, your visa should be your ally, not a hindrance. Upgrade to a Global Talent Visa and reach the opportunities and security. Don't let a layoff become a one-way ticket home - choose the visa that puts you in control of your international career! Connect with our expert team for more details. Contact us at [email protected] or visit our website at www.themistl.co.uk. You can also WhatsApp us at +44 7494010804. #globaltalentvisa #careersecurity #opportunityawaits #jobfreedom #immigration #workabroad #visaupgrade #professionalgrowth #employmentsecurity #talentmigration #jobflexibility #careeropportunities #visaoptions

Silicon Valley Shaken by Quiet Layoffs and H-1B Visa Backlog (and What it Means for Your Career)   While the tech world often portrays an image of endless growth and opportunity, there's a whisper brewing in Silicon Valley. Here it is: 1. Quiet Layoffs: Despite headlines about record profits, some major tech companies are quietly trimming their workforce through attrition and ending contracts. 2. H-1B Visa Backlog: The process for obtaining H-1B visas, which are crucial for hiring foreign talent, is experiencing lengthy delays and denials. This is causing headaches for companies reliant on global talent pools. ** What's the impact? 1. Increased Competition: Fewer open positions and a shrinking talent pool due to visa issues could lead to fiercer competition for remaining tech jobs. 2. Focus on Upskilling: Companies might prioritize upskilling current employees to fill skill gaps instead of relying heavily on external hires. **What can YOU do? 1. Become a Continuous Learner: Never stop sharpening your skills! Stay updated on the latest tech trends and consider online courses, workshops, or certifications to bolster your expertise. 2. Network Like a Pro: Build strong connections within your field. Attend industry events, connect with colleagues on LinkedIn, and let your network know you're open to new opportunities. 3. Highlight Your Transferable Skills: Focus on your ability to adapt and learn quickly. Showcase past experiences where you picked up new skills fast – this demonstrates your value regardless of a specific role. Remember, in this changing environment, building a well-rounded skillset and staying informed are key! By taking a proactive approach, you can position yourself for success in the ever-evolving tech world.   This could be just a temporary blip. Either way, being aware and proactive is key to survive an evolving job market.

In the last 3 years, 4,78,427 people have been laid off by 2,000+ companies. More than 180,000 were in the Bay area alone. Everyone today is anxious about layoffs. And if you’re a tech professional on a STEM OPT or H-1B visa, layoffs aren’t the only threat to your livelihood. Work visa issues are, too. In 2023, there were 758,994 eligible H-1B visa lottery registrations. And only 188,400 were selected, a mere 25%. So, what happens when you’re: -part of the other 75% who didn’t get picked -delayed renewing your visa -denied your work visa With companies cutting their workforce daily today, visas can be another reason you unfairly lose your job and your whole life plan goes out the window. So, what’s the solution? You can relocate to North America, and Canada is one of the best places. You can secure a work permit more easily, continue your work, and move ahead. But immigration alone is a big challenge when you’ve just found out you must ship your whole life miles away. Here’s where our friends MobSquad come in. They help tech professionals and their families: -get Canadian work permits in 4-6 weeks -relocate and settle into Canada easily -get Canadian citizenship in about 4 years That’s not all. They partner with your current company so you can continue supporting your team and growing your career. I love what they do for people and how they’re with you every step of the way. Go check out MobSquad from here → https://lnkd.in/gSZCK89b

As of August 2024, there have been 776 layoffs at Tech companies, impacting over 204,795 people, many of whom are immigrants. Losing your job is scary, especially for H-1B holders, where the right steps are crucial for maintaining legal status. Understanding Your Options Post-Layoff: When you lose your job, the clock starts ticking.  You have 60 days to find new employment,  or change your visa status. This grace period is your safety net. Key Steps to Take: - Time is crucial. Apply early for new visas. - Immigration laws are complex. So, consult experts. - Explore many visa options or even a green card if eligible. Navigating the System: - Notify USCIS promptly to avoid complications. - Keep records of all your job applications and more. - Understanding visa distinctions can prevent future bans. Layoffs are stressful, but navigating them with the proper knowledge can turn a problematic situation into an opportunity for growth. Note: I'm not a lawyer; this is not legal advice. However, if you require an immigration lawyer, contact us at Algorizin today, and we'll help you solve your immigration headaches! Take charge of your future today! It might seem hard now. But you got this! #jobsearch #h1bvisa #usvisaguidance

Facing an H-1B visa layoff in the US tech industry? Don't panic! This guide explores your options to extend your stay, change your visa status, and potentially obtain permanent residency. #H1BVisa #Layoffs #UnitedStates #USVisa #USCIS #VisaNews #VisaStatus #VisaUpdate

US tech workers head to Canada A wave of tech layoffs in the U.S. is becoming a boon for Canada, reports CNBC. So far this year, at least 6,000 H-1B visa holders from the U.S. have arrived in the country. The American H-1B program targets skilled workers from other countries, however, if they lose their job they have 60 days to find a new employer, transfer visa status or face being deported. Expanding Canada’s tech sector has been a priority for the country, growing 15.7% since 2020 compared to 11.4% for the U.S. Canada has recently let 10,000 U.S. H-1B visa holders apply for a three-year work permit. #canada #us #h1b #economicdevelopment #techcareers