Oracle Co-CEO denounces Trump immigration policies

Published 10/02/2017, 03:58 PM
© Reuters. FILE PHOTO:  Mark Hurd delivers a keynote during Oracle OpenWorld 2012 in San Francisco
ORCL
-

By Salvador Rodriguez

SAN FRANCISCO (Reuters) - Oracle Corp (N:ORCL) Co-Chief Executive Mark Hurd on Monday said he does not understand Trump administration immigration policies that make it difficult for foreigners to work in the United States after earning an education here.

“I don’t understand how we let somebody into this country go to our schools, earn degrees and then not allow them to practice the trade that they trained and learned out here in this country and start companies here, pay taxes, have kids,” said Hurd, speaking with reporters at the Oracle Open World conference.

Oracle is among the top sponsors of H-1B visas, which allow foreigners with specialized skills to come into the United States for work. Earlier this year, the Trump administration made a number of changes to tighten up the H-1B program, including the suspension of an expedited approval process for those kinds of visas.

Immigration “is an amazing opportunity for us to attract talent and grow our economy,” Hurd said, noting his company hires about 20,000 workers each year on average.

Hurd made his remarks came when asked by a Reuters reporter how the Trump Administration’s immigration policies have affected Oracle’s hiring practices.

“I usually defer these sort of questions, but I’m going to go with this one. I can’t help myself,” Hurd said. “I don’t like this at all, to be very frank with you.”

© Reuters. FILE PHOTO:  Mark Hurd delivers a keynote during Oracle OpenWorld 2012 in San Francisco

Hurd's co-CEO, Safra Catz, was part of President Trump's transition team.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.