Many global tech giants including Google, Microsoft, Amazon and Meta currently announced heaps of job cuts the worldwide monetary downturn. Google this month axed 12,000 jobs throughout the globe while Microsoft introduced 10,000 process cuts. Spotify additionally joined the layoff spree and has emerge as but every other tech organisation pressured to reconsider its pandemic-generation growth because the economic outlook weakens.
The organisation stated that it is cutting 6 percent of its global staff.
CEO Daniel Ek had introduced the restructuring in a message to employees that become also published on line. As part of the revamp concerning a management reshuffle, “and to carry our charges more in line, we’ve made the difficult but vital decision to lessen our quantity of personnel,” Ek wrote.
Also study: Helios Capital’s Samir Arora calls ongoing layoffs ‘fair alternate off’; right here’s why
With large layoffs, a substantially big quantity of Indian IT experts, who are on non-immigrant work visas like H-1B are L1 and are actually scrambling for alternatives to live within the US. They’re now struggling to discover a new job within the stipulated few months time that they get beneath these foreign paintings visas after losing their jobs and change their visa reputation as well.
Additionally read: ‘Saturday interviews’, ‘extended hours’: Amid ‘1.5 years’ wait time, right here’s how you could get US visa faster
A software program engineer who turned into operating in Spotify has shared a heartfelt note after being laid off via the organisation. Mounika G wrote that she joined the employer in September 2021.
In a publish shared on LinkedIn, she additionally shared a photo of her on the primary day joining of Spotify.
She wrote, “Impacted with the aid of Spotify layoffs.”
“I don’t think i have the coronary heart to write this but, the day past was my ultimate day at Spotify,” she wrote.
She further delivered, “It appears like a horrific dream I have to awaken from. I saved looking forward to an electronic mail pronouncing there was a mistake.”
She similarly said that she now has 60 days to land a brand new function to stay inside the US and to keep her visa status.
“if you recognize of all and sundry seeking out information engineering/software engineering roles, please refer my name. Ultimately, it has been a 1.Five year tenure at Spotify and i am distinctly thankful that Spotify took a hazard on me. I had the delight to paintings with a few proficient folks who’ve been nothing but kind to me in my gaining knowledge of procedure. This picture became my first day at Spotify and i used to be nevertheless in marvel how my journey led me to that place.”
As the announcing goes, the simplest way is thru and i can get through this more potent and extra resilient. Searching forward to my subsequent adventure,” she concluded.
Meanwhile, the foundation for India and Indian Diaspora research (FIIDS) has urged the Biden administration to extend H-1B and L1/5 grace durations, following layoffs in the tech zone that have rendered heaps of Indian-American IT professionals jobless.
The Indian IT experts which make up a big share of the recipients of H-1B and other work visas a lot of whom are scrambling to discover new jobs within the stipulated period below their work visas following the termination of their employment to stay inside the us of a.
The usa-based totally non-earnings enterprise has appealed to the Biden management to increase the 2 months grace length to as a minimum to six months and the ten days grace duration to at least two months.
Earlier on 25 January, White residence Press Secretary Karine Jean-Pierre informed newshounds at her day by day news conference on Tuesday said that US President Joe Biden is familiar with first-hand the crushing impact dropping a activity can have on a circle of relatives.
Jean-Pierre assured that President Biden could do the whole thing to ensure the us financial system works for all and sundry.
“he’s (Biden) goes to do the entirety that he can to make certain this is an financial system that works for anybody, that works from the bottom up, middle out, and that is what you’ve visible from his financial plans,” she stated.
(With inputs from agencies)
