This isn’t going to have any impact on the number of H1B visas that are awarded. There’s a cap at 85k/year, and most applications get rejected. This is just going to result in the available 85k/year slots being awarded to the intended pool of high-skilled industry specialists, rather than those people being swamped out by a mass of applications from companies that see this as an opportunity to hire cheap labor. I have had a colleague who was probably making $200,000+/year sent back to his native country because all the king’s horses and all the king’s men (and all the king’s immigration lawyers too...) couldn’t secure them a continuation of their work visa.
