How an Army of Middlemen Game the US Work Visa System

Description

For decades, foreign staffing and outsourcing firms have taken advantage of loopholes in a US visa program meant to bring in high-skilled workers to make up for a lack of domestic tech talent. Amid an immigration crackdown the Trump administration contends is based in part on protecting American jobs, here's how middlemen keep gaming the visa system at the expense of US workers and many others. 0:00 Background of the H1B visa debate 1:52 Origin of H1B visa program 2:40 Meet an H1B visa holder 3:43 Loopholes in the visa lottery system 5:17 Outsourcing companies displace US born workers 7:38 The L1 manager visa 9:06 Whistleblower complaint against TCS 10:44 A system in need of reform and perhaps expansion -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_... Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptio... Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world. Visit our partner channel Bloomberg News for global news and insight in an instant.