A few hours ago, the well-known retail giant Walmart announced a temporary pause in hiring foreign workers requiring an H-1B visa, following the U.S. government’s implementation of a new $1,000 fee. The measure primarily affects technical and corporate professionals from Latin American and Asian countries.
Currently, Walmart employs more than 2,000 people under this type of visa. While existing contracts will remain unaffected, the company stated that new hiring processes will be put on hold until it can assess the financial impact of the new regulation.
The increased costs represent an additional hurdle for companies that rely on international talent and could trigger a domino effect among other corporations with global recruitment programs.
What implications could this have for the U.S. job market?
Experts suggest that the suspension could restrict the inflow of specialized talent and harm the country’s technological competitiveness, particularly in sectors where domestic labor is already in short supply.
