This is by design. It’s the whole reason IT skilled migration visas were created decades ago, with gaping loopholes that allowed corpos to import hundreds of thousands at well below market pay. They get exploitable workers and suppress domestic wages. It’s win-win for capitalists.

We live in oligarchiesthat are functionally equivalent to corporate dictatorship; where our political class are criminals, traitors, and predators who collude with corpos to extract wealth from the people for personal gain. The sooner the average punter accepts that, the sooner we can reject these parasites, force real change, and real democracy.