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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (7810)1/5/2003 1:06:20 AM
From: ConanRead Replies (3) of 306849
 
Lizzie,

I can verify that this is true about Cisco. My last job in the Bay Area was for a company that placed a lot of H-1B contractors at Cisco. I just heard that Cisco will no longer take any people from them and this will probably kill the H1-B shop. I personally know of one former co-worker who successfully sued for a $100K settlement with my former employer because he was a US citizen and they laid him off and replaced him with a H1-B which is illegal. He had enough documentation to get a nice chunk of money. I suspect that as other cases like this have developed that the lawyers have followed the 'deep pockets' principle to go after the ultimate employers of the contractors: companies like Cisco and Oracle. So the new policy is probably designed to minimize any new legal liability for those companies. The worm has turned!

I think this is great. #1, I hate my old employer and will gleefully dance on their grave when they are gone. #2, it is about time we stopped letting companies abuse our own citizens this way.

Conan
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