US H-1B $100K fees: Netflix calls it 'tax'; founder says it will end lotteries
Netflix co-founder Reed Hastings supports Donald Trump's new $100,000 H-1B visa fee, a move that contrasts with the widespread criticism from Silicon Valley leaders. While Hastings believes the fee will ensure H-1B visas are reserved for high-value jobs, the White House clarified it's a one-time payment for new petitions only, causing confusion and concern among tech companies, especially startups.
Netflix co-founder Reed Hastings supports Donald Trump's new $100,000 H-1B visa fee, a move that contrasts with the widespread criticism from Silicon Valley leaders. While Hastings believes the fee will ensure H-1B visas are reserved for high-value jobs, the White House clarified it's a one-time payment for new petitions only, causing confusion and concern among tech companies, especially startups.
