# Tech giants such as Amazon, Oracle, Cognizant and Meta have laid off thousands of employees in the past few months.

*business · news · 2026-05-20 · The Economic Times*

## Key points

- USCIS is issuing a record number of RFEs and visa denials to H-1B workers switching to B-2.
- The rate of RFEs for B-1/B-2 change-of-status applications is roughly 10 times higher than before.
- A $100,000 fee for new H-1B petitions under recent policy changes is complicating situations for workers.
- 283,772 of 406,348 approved H-1B petitions in FY25 were from Indian nationals, the group hardest hit by layoffs.

**Companies:** Amazon, Oracle, Meta, Cognizant
**Countries:** United States, India

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/tech/technology/sacked-h-1b-staff-asked-to-do-more-b-2-paperwork/articleshow/131208627.cms)

---

Canonical: https://newsio.io/n/77c0533f-4b2b-4285-a5cc-c976c88a41f9/tech-giants-such-as-amazon-oracle-cognizant-and-meta-have-laid-off-thousands-of
Summarized by Newsio from The Economic Times. https://newsio.io/how-it-works
