P33 and World Business Chicago Form Coalition to Help Laid-Off Tech Workers with H-1B Visas Find New Jobs in Chicago

The “Chicago H-1B Connect” coalition launched a campaign and job board featuring open career opportunities for international tech talent. More companies are joining daily.

Chicago, January 25, 2023 /PRNewswire/ — P33 And World Business Chicagoannounced today that they have formed the Chicago H-1B Connect Coalition, a united effort to support current H-1B visa holders who have been affected by layoffs in the tech industry. Led by P33 and World Business Chicago, the coalition brings together the city’s leading civic organizations, including the Commercial Club of Chicago1871, Executives Club of Chicagothe Chicago Chamber of Commerce, Corporate Alliance Chicagoand MATTER, with Fortune 500 corporations and to support rapidly scaling, well-funded startups and retain highly skilled and valued international talent.

World Business Chicago and P33 have jointly launched an employment portal that features more than 900 job openings from more than 35 Chicago-based employers who are already sponsoring H-1B visa holders. Starting today, job seekers can visit. gotechchicago.com/h1b And find hundreds. ChicagoH-1B sponsoring companies such as Walgreens, Morningstar, Ulta Beauty, TransUnion, Fifth Third Bank, Boston Consulting Group, Northwestern Medicine, M1, Reapley, Oak Street Health and More. Additional Chicago Companies are expected to join the campaign, and job listings will continue to be added daily.

Generally in all STEM industries, especially technology, H-1B workers have 60 days to identify a new employer willing to transfer and sponsor their visas. If they are unable to find a new job, they must change their visa status or leave the U.S. Until now, H-1B visa holders have had an incredibly difficult time identifying career opportunities. There are places where employers are willing to sponsor or transfer their visas. Chicago It is the first city to band together around this issue to support and attract H-1B professionals. Technological innovation is a top strategic priority. Chicago Companies, and the city’s need for highly specialized tech talent, are in a position of short supply relative to demand.

“Our message to discharging H-1B holders is to always count on the welcome. City of Chicago and our growing technology ecosystem that fosters diversity and inclusion,” said Brad Henderson, CEO of P33. “I’m proud, though not surprised, at the way our city leaders have come together to make this collaborative effort a reality in such a short amount of time. This is a huge first step, and we’re just getting started. With more companies joining and more job listings being posted daily, we expect this unique job search tool to scale very quickly.”

Despite nationwide layoffs, companies are struggling to fill key tech roles. ChicagoWith the greatest demand for software talent. More than 164,000 tech job listings posted in Chicagoland in 2022.

Layoffs.fyi reports that more than 157,000 tech workers will lose their jobs in 2022, and the rate of tech layoffs is not slowing down. More than 50,000 workers have been laid off at US-based tech companies this year. Losing a job is a difficult and tumultuous time for anyone, but it is especially challenging for foreign workers on H-1B status because it affects their immigration status and potentially the status of their families. is also at risk.

“I am very excited about the launch of this campaign, which brings together of Chicago The business community will support H1-B visa holders affected by job losses in tech and related industries,” said Michael FasnachtCEO and President, World Business Chicago, Chief Marketing Officer, City of Chicago. “This initiative is a shining example of our city’s commitment to being a welcoming and inclusive destination for immigrants, where diversity and inclusion in our neighborhoods are celebrated, and growing stronger. of Chicago reputation as a major global business center.”

Immigrants fuel innovation and increase demand for labor, helping to drive the economy forward. 40% of software engineers in the US are foreign-born. I Chicago Alone, 21 Fortune 500 companies were founded by immigrants or children of immigrants and 42% of university-backed startups. Illinois At least one is founded by an immigrant entrepreneur, according to the Illinois Science & Technology Coalition’s Illinois Innovation Index report.

About P33
P33 is a privately funded non-profit organization focused on driving inclusive, global tech and innovation leadership. Chicago. The organization’s mission is to help. Chicago Born from the collaborative efforts of hundreds of business leaders in the private and public sectors to become one of the most comprehensive technology centers in the United States, P33’s work is based on intensive research and unlocking the potential of the digital age to solve Driven by need. Some of the most difficult problems are faced. Chicagosuch as equitable access to digital careers, talent retention, deeper commercialization of science, and gaps in the growth-stage startup ecosystem. Launched in 2019, P33 is co-chaired by Penny PritzkerFormer Secretary of Commerce and Founder and Chairman of PSP Partners; Chris Gladwin, CEO and Cofounder of Ocient and Cleversafe; And Kelly Welshformer president of the Commercial Club of the Civic Committee Chicago. Learn more about p33chicago.com.

About World Business Chicago
World Business Chicago plays a critical role in driving inclusive and equitable revitalization in 77 downtown Chicago neighborhoods, focused on high-growth sectors: transportation, distribution, and logistics; manufacturing healthcare and life sciences, and our local innovation, startup, and venture ecosystem. As City of Chicago An economic development agency, World Business Chicago leads corporate attraction and retention, workforce and talent, community impact, and promotion. Chicago As a leading global city. Supported by a council of 300+ local leaders, World Business Chicago’s portfolio of innovation and venture programs includes: Chicago Venture Summit Series, Startup Chicago, Think Chicagoand Venture Engine with the Illinois Science and Technology Alliance (ISTC). Follow World Business Chicago on LinkedIn for daily news and announcements about company relocations and expansions. About industry and ecosystem growth, US and global rankings, and more of Chicago Economic development.

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