The administration of President Donald Trump on Tuesday moved to impose major new limits on use of the controversial H-1B visa, intended for jobs requiring specialized skills and widely used by Silicon Valley technology firms.
The new rules are expected to reduce the pool of skilled labor and raise costs for tech companies and other employers. Critics say that could force companies to move some operations outside the U.S.
The push to limit foreign workers comes one month before the election and as the nation still reels from the coronavirus pandemic. Employment levels are 10.7 million jobs down from February, before the virus hit and many businesses were closed.
Department of Homeland Security acting deputy secretary Ken Cuccinelli said a third of applicants would be denied under the new rules.
The changes are expected to have a significant effect on the tech industry in the Bay Area, where federal government