How there has been a shift in companies that use H-1B visas in the US, they are no longer technology comp

Recent analysis by Bloomberg has uncovered a significant shift in the landscape of H-1B visa usage in the United States. Traditionally dominated by technology companies in Silicon Valley, the H-1B program is now seeing substantial participation from industries outside the tech sector. Notably, financial giants such as Citigroup have emerged as key players, often leveraging staffing firms to navigate the complex visa process. This evolution highlights a broader trend of diversification in the American workforce, as companies across various sectors increasingly rely on skilled foreign professionals. The shift is partly driven by the growing demand for specialized skills in areas such as finance, healthcare, and engineering. As a result, non-tech companies are actively seeking global talent to enhance their competitive edge and address skill shortages in the domestic labor market. The implications of this trend are manifold, affecting everything from immigration policy debates to the strategies companies employ to attract and retain top talent. As industries adapt to these changes, the H-1B visa program continues to play a pivotal role in shaping the future of work in the U.S., extending its reach well beyond its traditional tech-centric roots.

— Authored by Next24 Live