The analysis of H-1B visa sponsorship data for 2024 reveals a notable decline in sponsorships, particularly by major US tech companies. Firms like Amazon, Infosys, Google, and IBM have reduced the number of H-1B visas issued this year, signaling a shift in the landscape of foreign employment in the US. While Indian nationals continue to dominate the pool of H-1B visa holders—making up over 72% of all H-1B visa recipients in 2023—US companies seem to be scaling back their reliance on this visa category.
This trend contrasts with the surge in H-1B applications by US-based firms like Amazon and Google in recent years, but many Indian IT firms are now focusing more on local recruitment and Green Card sponsorship
The H-1B visa program, which allows US companies to hire foreign workers in specialty occupations, has been a crucial pathway for skilled immigrants, particularly from India. However, the 2024 data suggests a shift in this trend, with companies opting for alternative strategies or focusing on domestic talent.
Here are the top 10 companies that have sponsored the most H-1B visas in 2024 as per USCIS.
According to USCIS, Amazon and Indian IT services firms Infosys and Tata Consultancy Services (TCS), have significantly reduced their sponsorship of H-1B visas in 2024. USCIS data for the fiscal year 2024 (October 1 to September 30) indicates a significant decline in H-1B visa approvals for nearly all of the top 15 sponsoring companies.
Although Amazon remains the largest sponsor, its approvals decreased from over 11,000 in 2023 to just above 7,000 in 2024. Indian tech giants Infosys and Tata Consultancy Services, both with substantial US operations, also saw considerable drops.
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