AI & Machine Learning

H-1B petitions fall at Goldman Sachs and JPMorgan and rise at Citi after Trump's visa crackdown

Ali Nemati2 days ago32 sec read2 views0 listens

H-1B visa filings decreased at major financial firms like Goldman Sachs and JPMorgan in the first quarter of fiscal year 2026, following President Trump's stricter H-1B regulations. This reduction reflects financial institutions' response to higher costs and stricter requirements for work visas, impacting their ability to hire technical staff.

As AI continues to disrupt white-collar jobs, firms like Citi are increasing their H-1B petitions, suggesting a potential shift in how companies manage their tech workforce amid evolving regulatory landscapes and technological changes.

Read the full article at Business Insider

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Ali NematiWritten by Ali

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