US govt playing 4D chess with Microsoft today:
→ Suspends them from H-1B green card program for visa abuse
→ Same day honors CEO Satya with National Medal of Tech & Innovation
Peak bureaucracy. Left hand doesn't know what right hand is doing.
Zero impact on $MSFT stock obviously. But shows how messy US immigration policy is even for trillion dollar companies.
If they're cracking down on Big Tech H-1Bs, smaller crypto/Web3 startups are cooked. Talent war just got harder.
→ Suspends them from H-1B green card program for visa abuse
→ Same day honors CEO Satya with National Medal of Tech & Innovation
Peak bureaucracy. Left hand doesn't know what right hand is doing.
Zero impact on $MSFT stock obviously. But shows how messy US immigration policy is even for trillion dollar companies.
If they're cracking down on Big Tech H-1Bs, smaller crypto/Web3 startups are cooked. Talent war just got harder.