CRS Reports Sharp Decline in H-1B Registrations for TCS and Infosys
What happened
The Congressional Research Service reported that H-1B cap registrations for Infosys and Tata Consultancy Services fell in FY2027. Infosys recorded 759 registrations, a 91% decline from 8,886 in FY2026, while Tata Consultancy Services registered 284, down 95% from 5,955. The annual H-1B cap is 65,000 workers, and the registration window for FY2027 ran from March 4 to March 19, 2026.
From econotimes.com
Why it matters
The decline in registrations for major technology services firms indicates a sharp shift in the ability of these companies to secure foreign talent through the H-1B process. These companies rely on these registrations to file petitions for specialized workers, which impacts their operational capacity and staffing models.
From econotimes.com
Who's involved
- Tata Consultancy ServicesInformation technology consulting company experiencing a decline in H-1B registrations.
- InfosysIndian multinational technology company experiencing a decline in H-1B registrations.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- WiproSpeculative
Wipro might face increased costs or reduced supply of foreign talent due to the decline in H-1B registrations.
- HCL TechnologiesSpeculative
HCL Technologies could face competitive pressure or increased hiring costs due to the reduced availability of foreign workers.
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The entities involved
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Tata Consultancy Services
Information technology consulting company
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Infosys
Indian multinational technology company
Related events
- Infosys and Wipro are among 8 IT firms suspended, while TCS plans to hire 15,000 people in the US.
- Infosys and HCL Technologies saw significant stock rallies on October 13, 2026, as major IT service providers.
- CLSA issued mixed ratings on major Indian IT companies, downgrading Wipro and TCS while hiking the target price for Infosys.
- Goldman Sachs lowered its growth expectations for the IT sector, impacting major players like Infosys.
- Adverse signals from Europe are impacting Asian equities, affecting IT companies like TCS.