Re:Layoffs at Block
by runtheway94 on Friday February 27, 2026 @03:05AM
(#47177896)
Even if you consider 50% of them are H1Bs, and out of them even majority don’t find jobs in 60 days (it’s actually more since they are keeping them on payroll for 5 months) that’s still a low number. Couple with the fact that not all would like to join body shops. I understand your frustration but I don’t think stopping H1B transfers is the solution.
With transfer you have 4k people looking and eligible for new role. With no H1B transfer, less people are looking for work and citizens and green card holders have higher chance to land roles in a few companies still hiring.