In this piece, we will take a look at the five biggest companies that sponsor H1B visas. For more companies, head on over to 20 Biggest Companies that Sponsor H1B Visas.
5. Deloitte Touche Tohmatsu Limited
Fiscal Year 2022 Continuing Approval I-129 Applications: 3847
Deloitte Touche Tohmatsu Limited is one of the largest accounting and professional services firms in the world, which is also a part of the Big Four accounting firms. The firm was set up in 1845 and is headquartered in London, the United Kingdom. It has 415,000 employees, a global presence, and is one of the largest privately owned companies operating in the U.S. Deloitte Touche Tohmatsu Limited provides a wide variety of services such as accounting, advisory, legal, and consulting. It is also a sponsor of the Olympic Committee and secured 500 initial approval and 3,847 continuing approval H1-B visas in 2022.
4. Microsoft Corporation (NASDAQ:MSFT)
Fiscal Year 2022 Continuing Approval I-129 Applications: 4555
Microsoft Corporation (NASDAQ:MSFT) is one of the world’s largest technology companies known for its operating system, Windows. The company also has a strong cloud computing division, and it sells notebooks as well. Microsoft Corporation (NASDAQ:MSFT) has 221,000 full time employees, and it saw 903 new applications and 4,555 continuing H-1B approval applications last fiscal year.
By the end of this year’s third quarter, 269 of the 920 hedge funds polled by Insider monkey had invested in Microsoft Corporation (NASDAQ:MSFT).
Michael Larson’s Bill & Melinda Gates Foundation Trust is Microsoft Corporation (NASDAQ:MSFT)’s largest hedge fund shareholder. It owns 39 million shares that are worth $9 billion.
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3. Alphabet Inc. (NASDAQ:GOOGL)
Fiscal Year 2022 Continuing Approval I-129 Applications: 5396
Alphabet Inc. (NASDAQ:GOOGL) is another technology behemoth that is well known for its search engine services. However, it isn’t limited to a search engine, with paws in video streaming, productivity, and a host of other products and services. The company saw 5,396 H-1B continuing approvals last fiscal year with 903 new approvals.
196 of the 920 hedge funds surveyed by Insider Monkey for their Q3 2022 portfolios had bought Alphabet Inc. (NASDAQ:GOOGL)’s shares.
Alphabet Inc. (NASDAQ:GOOGL)’s largest shareholder is Chris Hohn’s TCI Fund Management which owns 52 million shares that are worth $5 billion.
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2. Meta Platforms, Inc. (NASDAQ:META)
Fiscal Year 2022 Continuing Approval I-129 Applications: 5401
Meta Platforms, Inc. (NASDAQ:META) is the holding company for Facebook, Instagram, and WhatsApp. The company is headquartered in Menlo Park, California and as of the fiscal year 2022, it had 1,202 continuing H-1B approvals filed under Facebook Inc and 4,172 continuing approvals under Meta Platforms Inc. These two also saw close to 1,500 new approvals.
By the end of this year’s third quarter, 177 of the 920 funds polled by Insider Monkey had bought Meta Platforms, Inc. (NASDAQ:META)’s shares.
Meta Platforms, Inc. (NASDAQ:META)’s largest shareholder in our database is Ken Fisher’s Fisher Asset Management which owns 11.8 million shares that are worth $1.6 billion.
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1. Tata Consultancy Services Limited (NSE:TCS.NS)
Fiscal Year 2022 Continuing Approval I-129 Applications: 6212
Tata Consultancy Services Limited (NSE:TCS.NS) is an Indian firm that provides a wide variety of software platforms to a host of different industries such as finance, communications, manufacturing, media, and healthcare, among others. It saw 6,212 continuing approvals in the fiscal year 2022, alongside 1,143 new approvals which are lower than those granted to Google, Microsoft, and Meta.
Disclosure: None. You can also take a peek at 12 Most Advanced Countries in Biotechnology and 10 Best Tobacco Stocks To Buy.
