Tuesday, April 7, 2026

The Wealth Pump In Action--Oracle

The New York Post reports that at the same time Oracle is laying off thousands of tech workers in the U.S. and overseas, "US Citizenship and Immigration Services data show the company filed roughly 3,126 petitions in fiscal years 2025 and 2026, including 436 this year alone." And Breitbart adds:

Oracle is not alone in pursuing foreign talent while reducing domestic workforces. Amazon, which announced in January that it would eliminate 16,000 corporate positions, filed approximately 2,675 H-1B petitions during the same two-year fiscal period. This followed the company’s October announcement that it was cutting 14,000 corporate workers. 

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