H-1B visas matter to JPMorgan: CEO Jamie Dimon explains, ‘US needs to remain attractive…’ — here’s why

JPMorgan Chase CEO Jamie Dimon was opened after signing a declaration of $ 100,000 for H-1B visas widely used by US President Donald Trump’s technology industry.

Dimon, in an interview with Times of India, announced why the H-1B visa fee hike decision is important for JPMorgan.

For the company, Dimon says that visas are important because it moves people around the world as a multinational company.

“Visas are important for us because we move people globally – experts who are promoted to new jobs in different markets,” he said.

He said that the US should remain an attractive place for immigrants.

“The difficulty is that the US should still remain an attractive place.”

In a separate interview with the CNBC-TV18, the JPMorgan Chase CEO said that the $ 100,000 fee on the H-1B visa “captured everyone on duty and caused concern between companies based on talented workers”.

Emphasizing the importance of success -based migration, Jamie Dimon said that US -based companies could interact with the government on this issue.

“I think it will finally settle. This will catch everyone on the guard and so we have made too many phone calls during the weekend. What does it mean? And as far as I understand, new H-1B visas and many H-1B will go there because they need expertise. And so many people will explain why we believe in the American government.

H-1B Visa Restrictions Hit home for Jamie Dimon

For Jamie Dimon, the fee given to the H-1B visa is not just a professional part. Trump’s decision is approaching the house for JPMorgan Chase CEO.

Toi said, “My grandmother and my grandfather were Greek immigrants who never finished high school.”

“America is an immigrant nation and part of this basic power, Dim Dimon added.

Dimon is among a few business managers who speak about the increase in H-1B visa fee.

The White House’s announcement of a fee of $ 100,000 on September 19, especially in the technology sector, which uses educated engineers and programmers, created panic between employers and workers. A separate bid, published on Tuesday, offers applicants with a better choice for H-1B visas that will overhaul the annual lottery and with higher paid jobs.