Just wanted to say that while companies like Tata and Cognizant would vanish overnight, this would cause EXTREME temporary chaos to the many companies that are staffed sometimes up to 95% with staff augmentation from these companies that primarily source out H1B labor.

No joke, it would create a temporary emergency for financial institutions across the country. Less than legal indentured servitude is the lifeblood of critical IT operations in some of our most important industries.

Which leads to the snowball effect of creating a general contractor crisis. Other employment laws conveninently being ignored also got them into this mess, like how many of the contractors under myself on projects have several years experience at the company and for all intents and purposes are treated like an employee, not a temporary resource for a project, often having deep subject matter expertise in products that companies used to invest in employees to build on teams. Some of these “contractors” are legit green card holders or H1B visa holders, I cant think of any citizens working for these “sourcing partners”.

I am not going to get into bean counters and budget masters allegedly “suggesting” these sourcing partners to not report and bill for overtime hours but then frequently put them in situations where the project will fail if they dont work overtime. Oh and the looming threat that these sourcing partner companies will lose the client for future projects if the current big project fails.

It is rampant in finance IT.