Nixing Silicon Valley, US companies are now tapping Canada for tech talent

  • 📰 CNBC
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Facing a skills shortage and skyrocketing costs in Silicon Valley, more U.S. companies — such as Amazon, Google and Facebook — are going to Canada to tap tech talent and open satellite offices.

According to recently released Department of Homeland Security data, there were 10% fewer H-1B visas issued between October 2017 and September 2018 than in the year before, continuing a downward trend of visa issuances since President Trump took office.

President Donald Trump signs an executive order to try to bring jobs back to American workers and revamp the H-1B visa guest-worker program during a visit to the headquarters of tool manufacturer Snap-On on April 18, 2017, in Kenosha, Wisconsin., which reduces visa application times from 10 months to two weeks in a variety of IT and STEM-related fields, such as computer engineering and digital media design.

According to an Envoy Global survey, which surveyed 405 U.S.-based HR professionals and hiring managers, U.S. companies are taking notice of Canada's more inviting policies with 65% saying that Canada's immigration policies are more favorable than America's. It also found that 35% of respondents are sending more people to Canada and hiring more foreign nationals in the country, while 38% say their organization is considering expanding to the country.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Toronto area's YorkRegion is Canada's second largest tech hub with over 4,300 tech companies and our communities are sought-after destinations for tech talent! What's it like to live and work here ➡️ YRtech

Facing ego building expenses in high cost urban areas The unthinking delve into Huawei country for talent. When will tech think rationally about long term threats?

Maybe thats why i havent noticed any tech sdvancements on my smartphone. What r we gonna go back to blackberry technilogy

This article is at least four years too late. Lol

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines