A number of multinational corporations and outsourcing firms continued outsourcing American white-collar jobs in Fiscal Year 2020 to H-1B foreign visa workers, data reveals.
Thirty multinational corporations, big banks, and outsourcing firms were awarded approval by the United States Citizenship and Immigration Services (USCIS) agency to outsource more than 33,000 American white-collar jobs to H-1B foreign visa workers, according to data compiled by Economic Policy Institute (EPI) researchers.
The H-1B visa program allows companies to bring 85,000 foreign workers to take American jobs each year and likely thousands more as universities and nonprofits are exempt from this annual cap.
In total, these 30 corporations, banks, and outsourcing firms were approved to import nearly 4-in-10 of all the H-1B foreign visa workers allowed to take American jobs last year.
“Many of the outsourcing firms on this list have been reported to use the H-1B program to replace U.S.