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The Strategic Advantage of Hiring Immigrants
WhatsApp and other remarkable products like GPT, BioNTech Vaccines, Google Search, and YouTube were created by diverse teams of immigrants and locals. Leading companies hire immigrants for their insights and perspectives. There are 280 million international migrants in the world today. Migration can be a source of strategic advantage for companies and countries. Migrants contribute $9 trillion to local economies annually and can help address labor shortages. Companies recognize the value of hiring globally, but only 5% are doing it strategically.