Jobs On A Low Tide
- US companies withdrawing job offers made to H-1B visa holders
- A US survey found hiring H-1B holders actually increased US jobs
- Obama says tax breaks to outsourcing firms can be cut; experts feel it's political rhetoric
- Congressmen say no such legislation is in the works for now
- But not impossible in recession-hit US, like removing 85 per cent concession on profit repatriation
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Outlook
Outlook
Outlook
By Ashish Kumar Sen in Washington and Arindam Mukherjee in Delhi