global talent
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Trump’s H-1B Visa Reforms: A Blow to Startups?
The US tech sector faces uncertainty due to potential immigration policy changes, specifically a proposed $100,000 fee on new H-1B visa sponsorships. This could disproportionately impact startups and limit access to crucial global talent. While some, like Netflix’s Reed Hastings, see benefits in prioritizing higher-skilled roles, concerns persist about incentivizing talent to seek opportunities elsewhere and the negative impact on US innovation and competitiveness. Experts warn that the changes could benefit competitors like China and hinder the ability of companies to recruit and compete.