Hachi was right. 68% confidence
The H-1B Visa Fee Implosion
Multiple articles confirm the H-1B fee/visa crackdown is real and actively reshaping Wall Street hiring, with Goldman Sachs and JPMorgan cutting H-1B petitions while others adjust strategies. This directly supports the thesis of disrupted hiring pipelines, though the fee itself appears to still be evolving (e.g., extended to international students) rather than fully static at $100,000 as originally proposed.
What would prove this wrong
The $100,000 fee is not implemented, is significantly reduced, or if Wall Street firms report no measurable change in entry-level hiring patterns.
Supporting articles
- Business Insider H-1B petitions fall at Goldman Sachs and JPMorgan and rise at Citi after Trump's visa crackdown 10 April 2026
- WSJ Trump Administration to Make Green Card Applicants File Overseas 22 May 2026
- The Economic Times Oracle job cuts hit H-1B workers: Six ways to stay in the US after losing your job 3 April 2026