I’ve posted it here several times. I’m a consultant and do projects for major US banks. I am not kidding when I say literally 1/4 of the people working in white collar back office jobs like accounting, audit, IT, risk management, project management, etc etc are Indians. Honestly, I think 1/4 is an underestimate. It might be more like 1/3rd.
Its ridiculous. Those should overwhelmingly be Americans in those jobs. You cannot tell me that you can’t find Americans who are capable of doing those jobs. Its not rocket science. It doesn’t require a masters in computer engineering. My friend in the banking industry in New York says its the exact same thing with the banks up there.
Companies have simply been able to get away with importing a foreign workforce because they’re cheaper. No, these are not “jobs Americans are unwilling to do”. These are middle management type jobs that generally pay between $70,000 and $130,000 per year. Though I’m sure a bit less if you’re an Indian on a work visa. This needs to be drastically curtailed and Americans need to be in those jobs again.
I do management consulting for a well know firm and concur on your assessment.