Obama Plan Gives Tech Industry Slight Boost in Foreign Job Pool
But his plan stops short of providing more of the H1-B work visas favored by technology companies.
The Twitter Inc. logo is seen on coffee mugs inside the company's headquarters in San Francisco, California, U.S., on Friday, Sept. 19, 2014.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
President Barack Obama’s immigration order will let U.S. companies temporarily hire more foreign college graduates even as it stops short of providing more of the H1-B work visas favored by technology companies.
Obama, in his plan announced last night, will expand a training program that allows foreign citizens who earn U.S. degrees in science, technology, engineering and math to work in the U.S. for up to 29 months. The training arrangement is used by companies including Twitter Inc. and Intel Corp.