No 3rd H-1B lottery: What does this mean for techies?

The USCIS has announced that it will not conduct a third lottery round for H-1B cap visas for FY 2024. The agency has received enough applications to reach the annual quota of 85,000 visas. This is disappointing news for those hoping for another chance at selection. Non-selection notices will be sent to registrants in the coming days. USCIS previously conducted two lottery rounds to meet the H-1B cap quota, with the second round being necessary due to fraud investigations. The quota has now been filled with the two completed lottery rounds.