I think this is the new reality. There are more Americans entering STEM so companies will likely look at hiring them over immigrants. Same companies will build out teams in India obviously and the top performers will be given a pathway to immigrate. But era of H1Bs running silicon valley is probably ending
No they won’t build out teams in India because section 174 was not repealed. Indian engineer costs must be amortized over 15 years for American federal company taxes now.
Uber - yes
Cisco just laid off thousands so also No