Tech Layoffs Likely Pose No Deterrent to Record H-1B Visa Demand

Employer demand for high-skilled foreign workers on temporary visas is expected to reach a new high for a third straight year even as waves of layoffs continue among major tech companies like Meta Platforms Inc., Google LLC, and Twitter Inc.

Companies can register to hire workers on H-1B specialty occupation visas during fiscal year 2024 via an online filing system beginning Wednesday. Immigration attorneys project that the number of registrations will grow again this year because the labor market remains strong for workers with technology skills.

US Citizenship and Immigration Services will hold a random lottery to reach the ...