
'H1-B scam decoded': X post slams Costco for their bias for foreign labor
A job posting for Costco, the retail chain, has gone viral as social media users pointed that US companies are now not even hiding that they want H-1Bs over Americans, as that is cheaper for them.
Tired of too many ads? go ad free now
"If hired, you will be required to provide proof of authorization to work in the United States. In some cases, applicants and employees for selected positions will not be sponsored for work authorization, including, but not limited to H1-B visas," the job posting said.
A social media user decoded the post and said it clearly wants foreign workers who already have work authorization like a green card which allows the company to avoid visa sponsorship costs.
But the company is pretending that Americans can also apply, conforming to the corporate America's playbook that they posted jobs publicly, rejected Americans by offering 30 per cent below market rate to import cheap labor.
The post comes as US tech workers are crying foul over job losses that they claim are going to Indians and Chinese. The H-1B visa program allows US companies to hire foreign labor at a cheaper price.
President Donald Trump earlier said he was not against the H-1B visa program as many H-1Bs work at Mar-a-Lago. But MAGA activists have been pushing the administration to stop importing foreign labors while the administration is already cracking down on foreign students, illegal immigrants.
The USCIS revealed that 120, 141 H-1B visa applications have been selected for 2026. This is the lowest number since 2021 but MAGA supporters are campaigning for H-1B to be completely removed.
Tired of too many ads? go ad free now
"Another greedy company @Costco want Amercian Money and profits but do not want Americans to work for them in corporate. They want slave wages and those who will break all morality clauses and guidelines for the master of their money and employment in America," one wrote, replying to the Costco post.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
29 minutes ago
- Time of India
Tesla is being eaten alive by Chinese rivals it inspired
The biggest story swirling around Tesla Inc. right now concerns Chief Executive Elon Musk 's sudden, if unsurprising, break with a leader who is as calm and unassuming as he is, President Donald Trump . The important story concerns what is happening far from these shores: China. Shipments from Tesla's Shanghai factory fell by 15% in May compared with a year before, according to preliminary data from China's Passenger Car Association. That marks eight straight months of declining output from Tesla's single biggest electric vehicle factory, accounting for around 40% of its global capacity. These figures don't break out which of those EVs get sold in China or get exported from there, but this trend is not Tesla's friend. Through April, its share of China's battery EV market had fallen by more than half over the past four years, according to data compiled by New AutoMotive, a UK-based research firm. Bloomberg Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now The numbers also suggest deteriorating economics. On a simple, calendar-day basis, they imply Shanghai factory utilization of 76% in May. That isn't terrible, but it's down significantly from last May. So far this year, excluding the month of February when Tesla was retooling for the refreshed Model Y, implied utilization is running 10 points lower than the same period in 2024. Speaking of that updated Model Y, it isn't a good sign that Tesla has already offered incentives like zero-percent financing in China. Taken together, lower capacity utilization, implying higher fixed costs per vehicle, and higher discounts, meaning less net revenue, point to a continuing problem with what was all too apparent in Tesla's first quarter results: Crushed profit margins in its main business. Unlike Tesla's weaker EV sales in other important markets such as California and Europe, the slide in China has nothing to do with Musk's politics. Tesla's reputation within China remains high, viewed as an essential catalyst in revolutionizing the quality and scale of the country's auto sector. Except that 'catalyst' isn't quite the right word, because the beauty of catalysts is that they spark transformations but don't get used up in the process. In this case, it would be more accurate to call Tesla a reactant, because the domestic Chinese EV industry spurred on by its example is now eating it alive. Live Events You Might Also Like: Tesla board members dump nearly $200 million in shares just before robotaxi launch – should investors worry? While Tesla's share of China's battery EV sales is down to about 10% so far this year, that drops to 5.8% when you include other so-called 'new energy vehicles' such as plug-in hybrids, according to figures compiled by Goldman Sachs Group Inc. Competitors including BYD Co. Ltd., which holds about 27% of China's NEV market, are now delivering the sort of excitement that Tesla used to in terms of looks, range and driver assistance features — and at lower prices. Xiaomi Corp., the smartphone maker, is in the process of launching the YU7, a high-tech, fast-charging electric SUV that resembles a Porsche or Ferrari but is perhaps best pictured as a Model Y-seeking missile. In an alternate dimension, China would serve as a hothouse laboratory for Tesla to hone world beating, profitable EVs that might even be exported to its home market. In the dimension we've got, Musk has seemingly lost his ambition to develop brand new, affordable EVs that can compete across the world. Tesla's last genuinely new model, the Cybertruck, is certainly big but only about as 'beautiful' as the Trump tax bill that Musk now openly derides as an 'abomination.' While Tesla sits apart from the legacy automakers in the US, Germany and Japan in many respects — certainly in terms of valuation — it has, like them, seen its position in China eroded rapidly. And regardless of Musk's latest posts on X, he worked hard to secure the election of a president and Congressional majority intent on crushing EV sales in the US. With the end of the second quarter approaching, and the sales figures emanating from China and Europe portending another set of weak earnings, it is perhaps little wonder that this narrative is crowded out by all manner of other things. Musk, who ditched Tesla's public relations team and routinely denounces the media as 'propaganda' has nonetheless plunged into a media blitz of late, and has now whipped up a new political intrigue. Is the break with Trump real? My litmus test: watch out if @elonmusk posts a picture of a taco. Plus, of course, we have the imminent launch of Tesla's self-driving cars in Austin. Whatever they actually turn out to be, with the always dubious narrative of Musk's White House job boosting Tesla's fortunes now played out, those robotaxis constitute the main pillar supporting Tesla's triple-digit earnings multiple. Certainly, that number has nothing to do with what's happening in the biggest EV market on the planet. You Might Also Like: Big task ahead for Elon Musk: After Canada, Germany, and most of Europe, Tesla sales now tank in Sweden Did Elon Musk mislead investors about Tesla's future EV plans? What you need to know


Economic Times
31 minutes ago
- Economic Times
Trump travel ban on citizens from 12 countries leaves arch rivals China and Russia out
Trump has imposed a travel ban on citizens from 12 countries, citing security concerns, but notably excludes China and Russia. Despite frequently criticizing both nations over trade, technology, and military actions, the US President has not restricted their citizens' entry into the US. Even though Trump is frequently seen threatening both countries with more tariffs and sanctions, they are not included in this travel ban. US President Trump's latest order bans travelers from 12 countries over security concerns, but the list leaves out Russia and China even as they have on multiple occasions warned the US of grave consequences. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Trump's big moves against countries Trump's threats to China and Russia The citizens of China and Russia, the two countries which threaten the US hegemony in technology and military power, have free access to America. Even as US President Donald Trump on Wednesday, June 4, announced a complete travel ban on people entering the United States from 12 countries, he did not mention China and an executive order signed by Trump, he has also implemented a partial ban on several other countries. The citizens of Afghanistan, Burma, Chad, Republic of the Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan, and Yemen will not be allowed to enter the US from Monday. The fresh travel restrictions are set to come into effect from June 9, latest order bans travelers from 12 countries over security concerns, but the list leaves out Russia and China even as they have on multiple occasions warned the US of grave consequences if pushed to the corner using military power. Even though Trump is frequently seen threatening both countries with more tariffs and sanctions, they are not included in this travel a video posted on X by the White House, Trump announced the travel ban and cited the recent attack in Colorado where a man was accused in an attack on a group of demonstrators who gathered on Sunday, June 1, in support of Israeli said that it illustrates the "extreme dangers" of foreign nationals entering the US without being "properly vetted".After returning to power in 2025, Trump has gone about some serious business and signed around 150 executive orders ranging from law enforcement, immigration to education and healthcare. The orders also included the one which called for imposing higher tariffs on goods imported into the instance, back in 2020, during his first presidency term, when the world was reeling under the impact of Covid 19, Trump blamed China several times for the pandemic and called on Beijing to be punished for how it handled the disease. Besides this, Trump has accused Beijing for trade violations, technology and security threats. But he never banned people from China from travelling to the May 2025, Secretary of State Marco Rubio took a swipe at China, saying the US is confronting the Chinese Communist Party's influence globally and ending the era of allowing it to abuse trade practices, steal US technology, and flood the country with fentanyl. Despite all the blame game, Trump never stopped Chinese nationals from entering the far as Russia is concerned, after assuming office, Trump has been seen making serious efforts to intervene between Russia and China to ensure a ceasefire between the war-torn US President has blamed Moscow majorly for escalating the war in Ukraine through a massive drone and missile attack. He has also lashed out at Putin for being 'totally unserious' about peace talks and refusing to end the has resorted to similar ploys in Russia's case as those in China's. He has repeatedly warned of 'devastating' new sanctions and tariffs. He even proposed a 500% tariff on countries that buy Russian energy - if they don't agree to a ceasefire. He has repeatedly said that he can mount more sanctions but has never shown any intentions of banning Russian nationals


Mint
37 minutes ago
- Mint
Parmy Olson: AI chatbots could become advertising vehicles
Chatbots might hallucinate and flatter their users too much, but at least their subscription model is healthy for our well-being. Many Americans pay about $20 a month to use the premium versions of OpenAI's ChatGPT, Google's Gemini Pro or Anthropic's Claude. The result is that the products are designed to provide maximum utility. Don't expect this status quo to last. Subscription revenue has a limit. Even the most popular models are under pressure to find new revenue streams. Unfortunately, the most obvious one is advertising—the web's most successful business model. AI builders are already exploring ways to plug more ads into their products, and while that's good for their bottom lines, it also means we're about to see a new chapter in the attention economy that fuelled the internet. Also Read: Rahul Matthan: Brace for a wave of AI-enabled criminal enterprise If social media's descent into engagement-bait is any guide, the consequences will be profound. One cost is addiction. OpenAI says a cohort of 'problematic' ChatGPT users are hooked on the tool. Putting ads into ChatGPT, which now has more than 500 million active users, won't spur the company to help those people reduce their use of the product. Quite the opposite. Advertising was the reason companies like Mark Zuckerberg's Meta designed algorithms to promote engagement and keep users scrolling so they saw more ads and drove more revenue. It's the reason behind the so-called 'enshittification' of the web, a place now filled with clickbait and social media posts that spark outrage. Baking such incentives into AI will almost certainly lead its designers to find ways to trigger more dopamine spikes, perhaps by complimenting users even more, asking personal questions to get them talking for longer or even cultivating emotional attachments. Millions in the Western world already view chatbots in apps like Chai, Talkie, etc, as friends or romantic partners. Imagine how persuasive such software could be when its users are beguiled. Imagine a person telling their AI they're feeling depressed, and the system recommending some holiday destinations or medication to address the problem. Also Read: Friend or phone: AI chatbots could exploit us emotionally Is that how ads would work in chatbots? The answer is subject to much experimentation. Google's ad network, for instance, recently started putting ads in third-party chatbots. Chai, a romance and friendship chatbot, serves pop-up ads. The AI answer engine Perplexity displays sponsored questions. After an answer to a question about job hunting, for instance, it might include a list of suggested follow-ups, including, at the top, 'How can I use Indeed to enhance my job search?" Perplexity's CEO Aravind Srinivas told a podcast in April that the company was looking to go further by building a browser to 'get data even outside the app" to enable what he called 'hyper-personalized" ads. For some apps, that may mean weaving ads directly into conversations, using the intimate details shared by users to predict and potentially even manipulate them into wanting something, then selling those intentions to the highest bidder. Also Read: Netflix's 'Adolescence' and the cost of profits: Why kids online are not okay Researchers at Cambridge University referred to this as the forthcoming 'intention economy" in a recent paper, with chatbots steering conversations toward a brand or even a direct sale. As evidence, they pointed to a 2023 blog post from OpenAI calling for 'data that expresses human intention" to help train its models, a similar effort from Meta and Apple's 2024 developer framework that helps apps work with Siri to 'predict actions someone might take in the future." As for OpenAI's Sam Altman, nothing says 'we're building an ad business" like poaching Fidji Simo, the person who built delivery app Instacart into an advertising powerhouse, to help OpenAI 'scale as we enter a next phase of growth." In Silicon Valley parlance, to 'scale' often means to quickly expand your user base by offering a service for free, with ads. Tech companies will inevitably claim that advertising is a necessary part of democratizing AI. But we have seen how 'free' services cost people their privacy, autonomy and even their mental health. AI knows more about us than Google or Facebook ever did—details about our health concerns, relationship issues and work. In two years, chatbots have also built a reputation as trustworthy companions and arbiters of truth. When people trust artificial intelligence that much, they're more vulnerable to targeted manipulation. AI advertising should be regulated before it becomes too entrenched, or we'll repeat the mistakes made with social media—scrutinizing the fallout of a lucrative business model only after the damage is done. ©Bloomberg The author is a Bloomberg Opinion columnist covering technology.