Were there mass layoffs at any tech companies? If so, did people leave the country en masse?
I was in Bay Area in 2000 and yes it was an exodus. Many used hondas for sale.
Only hondas?
Were those of visa holders? I'm sure there weren't nearly as many h1bs back then as there are now.
Couple toyotas too
The situation with visa holders in Bay Area are different from last recession. The previous ones didn’t have as many as opportunities as we have now. Only handful worked at top companies and number of startups or mid level startups were less. Situation is different now! Most of them work at great companies now and many are double income couples. They have enough or more than enough money to cover finance for their next house. Worst case will be that many will return to India for same or similar to the great companies they worked here or retire with stocks they got! I would say the Indian and Chinese will do really well and no need for panic here! So people trying to scare Indian visa holders better luck or try it in mid west!
Look at you! Entitled gc holder! You cant even get a job elsewhere by competing with the visa holders but want to ensure the competition is eliminated? No?
🤣 who's the GC holder here?