09 Mar Which companies received H-1B visas in '08?
It’s that time of year again, when domestic and overseas companies race to file applications by April 1 for H-1B visas. There are 85,000 visas available for overseas workers each year, and these are randomly selected by the U.S. government. This year, as in the past, the competition to get these priceless documents will be intense.
Recent analysis by InformationWeek found that six Indian firms were the big winners in the bid for visas for FY 2008, receiving more than 11,000 visas among them. The highest winner in 2008 was an Indian firm, INFOSYS Technologies Ltd., which got 4,559 for its employees. The company designs and delivers technology, according to its website and has reported revenue of over $4 billion. Four U.S.-based companies were also winners, but they got far fewer visas than the Indian firms. IBM won approval for 381 H-1B visas, Microsoft got 1,037, Cisco received 422 and Accenture got 731.
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