Microsoft Corporation (MSFT) Weighs In on Immigration Reform

Microsoft Corporation (NASDAQ:MSFT) is one of many tech companies that have benefited from current immigration laws in the U.S. , which gives out special visas to highly skilled foreigners in science and engineering to take high-skilled jobs in the tech industry. In fact, reportedly a high percentage of the current notable tech companies were built by thiese highly skilled foreigners, or have a high percentage of executives and top engineers and developers  are from foreign countries.

With that as a backdrop, on the very day that President Obama traveled to Las Vegas to introduce his comprehensive immigration proposal, both Microsoft Corporation (NASDAQ:MSFT) and Google Inc. (NASDAQ:GOOG) published blog posts throwing their support behind comprehensive immigration reform.

Coincidence?

Microsoft Corporation (MSFT) Giving Apple Inc. (AAPL) a Run for its ‘Patent Money’In its blog post, Microsoft Corporation (NASDAQ:MSFT) stated, “It’s critical that America address the shortage of workers with science, technology, engineering and math (STEM) skills. There are many high-skilled, high-paying jobs being created by American businesses across the country that are being left unfilled because of this gap.”

Microsoft, Google Inc. (NASDAQ:GOOG) and other tech companies have had a presence in Washington with their lobbying efforts, making sure that their high-tech industries stay visible among congressional leaders. So to have such tech companies speaking out in support of this new legislative priority gives some legitimacy to the effort – even if the focus is more on the educated workers and not so much on low-skill labor that is generally favored in the overall comprehensive package.

It its related post, Google Inc. (NASDAQ:GOOG) wrote that it claimed that 40 percent of U.S. tech companies that have gone public and are supported by venture capital, were founded by immigrants – which includes Google, Yahoo! Inc. (NASDAQ:YHOO), eBay Inc. (NASDAQ:EBAY) and Intel Corporation (NASDAQ:INTC). And it also claimed that 25 percent of U.S. tech firms between 2006-2012 had at least one co-founder from a different country; those firms accounted for more than 500,000 employees.

What do you think? Should these companies be throwing themselves into the debate? How do you think this kind of stance would impact Microsoft Corporation (NASDAQ:MSFT) and its reputation? We’d like your thoughts on this story or on these companies in the comments below.

DISCLOSURE: I won no positions in any stock mentioned.

Please see these related MSFT articles:

Verizon Flirting with Microsoft? Why?

Are Tech Stocks a Shelter for Dividend Investors?

A Microsoft-Dell Marriage: Can It Work?

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Largest Pharmaceutical Companies In the World

The 10 Most Expensive Android Apps

The 9 Most Expensive Designer Bags in the World

The 7 Most Expensive Real Estate in the World

The 10 Most Expensive eBay Items Ever Sold

The 10 Most Expensive iPhone Apps

The 9 Most Expensive Designer Shoes in the World

The 10 Most Expensive Cigarette Brands

The 10 Most Expensive Law Schools in the US

The 10 Best Wall Street Movies

The 10 Most Expensive Golf Clubs Ever Sold

The 10 Most Expensive Golf Memberships

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!