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Indian consultancy Infosys vows to create 10,000 U.S. jobs

Ina Fried, author of Login

Infosys announced plans to hire 10,000 U.S. workers over the next two years and open four new technology hubs in the country.

The first hub, set to open in August, is expected to create 2,000 jobs by 2021, Infosys said.

The context: The move comes as the Trump Administration is considering changes to the H-1B visa program that are seen as potentially dealing a blow to large consultancies, like Infosys.

Go deeper

Kia Kokalitcheva
1 hour ago - Economy & Business

The rebellion against Silicon Valley (the place)

Photo illustration: Sarah Grillo/Axios. Smith Collection/Gado via Getty Images

Silicon Valley may be a "state of mind," but it's also very much a real enclave in Northern California. Now, a growing faction of the tech industry is boycotting it.

Why it matters: The Bay Area is facing for the first time the prospect of losing its crown as the top destination for tech workers and startups — which could have an economic impact on the region and force it to reckon with its local issues.

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Erica Pandey, author of @Work
1 hour ago - Economy & Business

Telework's tax mess

Illustration: Annelise Capossela/Axios

As teleworkers flit from city to city, they're creating a huge tax mess.

Why it matters: Our tax laws aren't built for telecommuting, and this new way of working could have dire implications for city and state budgets.

Go deeper (2 min. read)Arrow
Sara Fischer, author of Media Trends
1 hour ago - Economy & Business

Wanted: New media bosses, everywhere

Illustration: Sarah Grillo/Axios

The Washington Post, Los Angeles Times, Reuters, HuffPost and Wired are all looking for new editors. Soon, The New York Times will be too.

Why it matters: The new hires will reflect a new generation — one that's addicted to technology, demands accountability and expects diversity to be a priority.

Go deeper (1 min. read)Arrow