Fed taps Xbox chief for productivity task force amid H-1B backlash

TL;DR Summary
Asha Sharma, head of Microsoft's Xbox division, was named to a Federal Reserve task force on Productivity and Jobs amid backlash over 4,800 layoffs and approvals to hire 2,273 H-1B visa workers. Microsoft says the visa figures are company-wide renewals and not Xbox-specific. Critics argue the move favors foreign labor, while the Fed says the panel will evaluate tools and methods to improve employment and productivity as policymakers reassess approaches.
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
7 min
vs 8 min read
Condensed
95%
1,481 → 70 words
Want the full story? Read the original article
Read on Fox News