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00:00:00
>> President-elect Donald Trump maybe shaking up American companies to keep jobs at home but when it comes to the tech industry he's willing to be open minded. At least that's the read from his December meeting with the tech titans says Reuters reporter Steven Ellis.>> So according to people who are familiar with what was said in this meeting, the tech titans really want to impress upon Trump.
00:00:21
That in order for them to remain globally competitive, they have to be able to hire the best people from abroad, and that's intimately connected to their ability to actually create jobs for Americans.>> The issue under consideration, the H-1B visa. Every year 85,000 foreign tech workers come to the US on it and there was some concern that could be jeopardized with Trump's pick for Attorney General Jeff Sessions, who was long sought to curtail them.
00:00:47
Instead Trump policy chief Steven Miller who has worked for Sessions before floated a proposal that the visas go to the jobs that pay the highest salaries preventing the current abuse of the programme.>> The main political issue with the H-1B visa programme has been the use of it to essentially replace American workers in IT departments.
00:01:07
So these are cases where Disney or Southern California Edison have gone through and said we are going to hire a contract firm to bring in place to replace our IT department. And you had a scenario where you had foreign born employees who sometimes are being trained by the American born employees that they were actually going to replace.
00:01:26
>> Another proposal is to require bigger companies to pay more for the visas, making it expensive for IT outsourcing companies that hire thousands of cheap tech workers from overseas. Companies like Google and Microsoft also use the H-1B visa to hire software engineers but they're are only a small portion of the overall staff.
00:01:46
According to one account, Trump asked each tech CEO in the room if they objected to that idea, none said they would.