Latest news with #Einsteins'
Time of India
6 days ago
- Business
- Time of India
'Cut all visa programs': Steve Bannon says 'Einsteins' should remain in their countries amid major tech layoffs
Steve Bannon says US should scrap all visas first and clean up the system while 'Einsteins' can remain in their countries and make those countries great. Amid major tech layoffs in teh US, the focus has again shifted to the H-1B visa programs which the Donald Trump administration is planning to change. But before any change comes into effect, US tech workers, Republican lawmakers are up in arms against big tech companies laying off American workers and then petitioning for foreign labors. After Microsoft which announced job cuts in several phases this year, now Intel has said they are planning to cut more than 25,000 jobs in a major reset. Vice president JD Vance has attacked Microsoft for laying off 9.000 workers and said he doesn't believe in the 'bulls**t story that the company can't find workers in America. Now, Trump's former aide and a staunch critic of H-1B, Steve Bannon, said all visa programs should be cut. He said 'Einsteins' can stay in their countries and contribute to making their countries great, instead of coming to the US. Or, the US can explore a program to bring 'Einsteins'. — gc22gc (@gc22gc) The situation in the Silicon Valley is a festering sore, Bannon said on his podcast, adding that the projection is that 12 million trained IT graduates can't get jobs because US is bringing foreign workers. Bannon said no one can prove that foreign workers are better educated, but tech companies want indentured servants, "people who will work 24 hours a day at half the cost because they are afraid of being sent home". by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Many Are Watching Tariffs - Few Are Watching What Nvidia Just Launched Seeking Alpha Read More Undo "We need to cut all the visa programs. If we are going to do it, let's do it hard-core and clean it up," Bannon said. There is always a way to get 'Einsteins', Bannon said, adding that he personally believes for world peace and prosperity, 'Einsteins' should remain in their countries and make their countries great again like they are doing in Japan. JD Vance says displacement of American workers worries him Speaking at a bipartisan event co-hosted by the Hill and Valley Forum, Vance questioned the layoffs of big tech companies and said it does not make any sense to him that they fire Americans to hire foreigners. "That displacement and that math worries me a bit. And what the president has said, he said very clearly: We want the very best and the brightest to make America their home. We want them to build great companies and so forth. But I don't want companies to fire 9,000 American workers and then to go and say, 'We can't find workers here in America.' That's a bulls**t story."
Straits Times
29-05-2025
- General
- Straits Times
Forum: Removing barriers to opportunity key to discovering Singapore's ‘lost Einsteins'
We read with great interest the Opinion piece by Associate Professor Terence Ho on the need to empower Singapore's 'lost Einsteins' through deeper social investment and greater opportunities for social mixing (How Singapore can expand opportunities for its 'lost Einsteins', May 23). The Chinese Development Assistance Council (CDAC) fully concurs with this call. For over three decades, CDAC has worked to uplift families through education, enrichment and community support. CDAC also recognises the important role of social mixing in closing the social capital gap. This is achieved through the involvement of volunteers of various backgrounds, particularly students from secondary schools who conduct programmes for primary year students to develop their interests. Youth volunteers from different professional backgrounds also mentor upper primary children under our Supervised Homework Group project started about 31 years ago. For students from lower-income families, such experiences broaden networks, boost aspirations and open windows to real-world opportunities. We have also sharpened our focus on nurturing the potential of every child, especially those from less advantaged backgrounds, by building up their social and emotional competencies and helping them discover and pursue their interests. For example, we have a mentoring programme targeted at primary school children, providing long-term developmental support from their early years through to post-secondary education. It helps ease school transitions by building confidence, developing strengths, encouraging interest exploration and fostering peer friendships. The programme also involves parents and community organisations, creating a supportive ecosystem around each child. We have partnered with several schools, and early feedback shows promising outcomes: improved emotional regulation, a more positive mindset towards learning, and greater openness in sharing experiences at home. We also have a programme called Spot : Beyond, that enables students to explore and deepen their interests in areas like the arts, sciences and technology. Through progressive and curated experiences, students develop their skills in alignment with their passions. By fostering interaction across socio-economic backgrounds, the programme builds confidence, aspiration and inclusivity – nurturing young talents who might otherwise remain unseen. These efforts form part of CDAC's broader strategy to provide sustained, holistic support that nurtures aspiration and unlocks potential. In line with Professor Ho's insights, we believe that removing barriers to opportunity and encouraging interest-based exploration are essential to discovering the 'lost Einsteins' who may one day shape Singapore's future. Tan Yap Kin Executive Director Chinese Development Assistance Council (CDAC) More on this Topic Forum: What readers are saying Join ST's Telegram channel and get the latest breaking news delivered to you.
