The labor shortage is getting worse. Last year Washington cut off H1-B immigration for one month. This year it will be four months, unless Congress increases the H1-B quota. He introduced legislation last week that would raise the H1-B cap by a modest 25,000. The claim that skilled H1-B immigrants take jobs from Americans is preposterous.
Engineers create jobs.
Cypress employs 470 engineers out of 2,771 employees. Each engineer thus creates five additional jobs to make, administer and sell the products he develops. Four of our 10 vice presidents are immigrants. Lothar Maier, our vice president of manufacturing, emigrated from Germany as a child. He joined us with an engineering degree and a stint at Intel under his belt, and now manages 1,067 workers in six plants.