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

Chicago H-1B Connect Coalition Launches Campaign and Job Board Featuring Open Career Opportunities for International Tech Talent; More companies are joining daily

CHICAGO, January 25, 2023 /PRNewswire/ – S33 and World Business Chicago, today announced the formation of the Chicago H-1B Connect Coalition, a collaborative effort to assist current H-1B visa holders affected by layoffs in the technology industry. Led by P33 and World Business Chicago, the coalition brings together the city’s leading civic organizations, including the Commerce Club. Chicago1871, Executives Club Chicagothe Chicago Chamber of Commerce, Corporate Coalition Chicagoand MATTER, along with Fortune 500 corporations and well-funded startups to support and retain rapidly expanding, highly skilled and valuable international talent.

Together, World Business Chicago and P33 launched an employment portal featuring more than 900 job openings from more than 35 Chicago-based employers sponsoring H-1B visa holders. From today, job seekers can visit gotechchicago.com/h1b and search hundreds ChicagoCareer opportunities from H-1B sponsoring companies such as Walgreens, Morningstar, Ulta Beauty, TransUnion, Fifth Third Bank, Boston Consulting Group, Northwestern Medicine, M1, Rheaply, Oak Street Health and more more. Additional Chicago companies are expected to join the campaign and job postings will continue to be added daily.

H-1B workers, who are prevalent in all STEM industries, especially technology, have 60 days to transfer their visas and designate new employers willing to sponsor them. If they cannot find a new job, they must change their visa status or leave the United States. Until now, H-1B visa holders have had a difficult time identifying career opportunities for employers willing to sponsor or transfer their visas. Chicago It is the first city to collectively unite around this issue to support and attract H-1B professionals. It remains a key strategic priority for technical innovation Chicago companies and the city’s need for highly specialized tech talent continues to be in short supply compared to demand.

“Our message to terminated H-1B holders is to always feel welcome City of Chicago and our thriving technology ecosystem that promotes diversity and inclusion,” he said Brad Henderson, CEO of P33. “I’m proud, but not surprised, that our city’s leaders have come together to make this collaborative effort a reality in such a short time. This is a great first step, and we’re just getting started. Connecting with more companies and posting more jobs every day, we’re making this unique We expect the job search tool to expand very quickly.”

Despite nationwide layoffs, companies are struggling to fill critical technology roles Chicago, with the greatest demand for software talent. In 2022, there were over 164,000 tech job postings in Chicagoland.

Layoffs.fyi reports that more than 157,000 tech workers will lose their jobs in 2022, and the pace of tech layoffs is not slowing down. More than 50,000 workers have been laid off at tech companies in the United States this year. These are difficult and turbulent times for anyone to lose a job, but it is especially difficult for foreign workers in H-1B status because it threatens their immigration status and potentially their family status.

“I am very happy about the launch of this unifying campaign of Chicago The partnership will support H1-B visa holders suffering from job losses in technology and related industries,” he said. Michael FassnachtCEO 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 place for immigrants, where diversity and inclusion are celebrated and strengthened in our neighborhoods. of Chicago reputation as a major global business center.”

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

About P33
P33 is a privately funded non-profit organization focused on driving inclusive, global technology and innovation leadership. Chicago. The organization’s mission is to help Chicago Becoming one of the most comprehensive technology hubs in the U.S. Created through the collaborative efforts of hundreds of business leaders in the private and public sectors, P33’s work is driven by deep research and a need to unlock the potential of the digital age to solve. some of the most difficult challenges it faces Chicagofor example, equitable access to digital careers, talent retention, commercialization of deep science, and gaps in the growth-stage startup ecosystem. Co-chaired by P33, launched in 2019 Penny Pritzkerformer Secretary of Commerce and founder and chairman of PSP Partners; Chris Gladwin, CEO and co-founder of Ocient and Cleversafe; and Kelly WelshPast President of the Civic Committee of the Commercial Club Chicago. Learn more p33chicago.com.

About World Business Chicago
World Business Chicago plays a critical role in ensuring inclusive and equitable recovery in the city’s 77 neighborhoods focused on high-growth sectors: transportation, distribution and logistics; production; healthcare and life sciences and our local innovation, startup and venture ecosystem. Whom City of Chicago 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 board of more than 300 local leaders, World Business Chicago’s portfolio of innovation and venture programs includes: the Chicago Venture Summit series, Startup Chicago, Think Chicagoand Venture Engine with the Illinois Science and Technology Coalition (ISTC). Follow World Business Chicago on LinkedIn for daily news and announcements about the company’s relocation and expansion; industry and ecosystem growth, US and world rankings, and more of Chicago economic progress.

SOURCE World Business Chicago

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