US Suspends PERM Green Card Program, Affecting Major IT Outsourcers
- Reports
- 8
- Developments
- 3
- Repetition
- 62%
New informationRepeats or wire copies
What happened
The US Department of Labour suspended the Permanent Labor Certification (PERM) program, which governs employment-based green card applications. This action impacted several IT outsourcers, including Infosys and Wipro. Despite the suspension, Tata Consultancy Services stated it does not anticipate the policy change will materially affect its operations.
Why it matters
The suspension raises questions about workforce mobility and long-term talent planning for Indian IT companies operating in the US. While Infosys downplayed the impact due to its established local workforce, TCS maintained its long-term strategy for the American market. The move is part of a wider crackdown targeting fraud and protecting American jobs.
Who's involved
- InfosysIndian multinational technology company affected by the PERM suspension.
- WiproIndian IT services corporation among firms suspended by the US government.
- Tata Consultancy ServicesIT consulting company that maintains its US market strategy despite the suspension.
- Department of LabourGovernment agency that suspended the PERM labor certification process.
How it developed
Newest first. Tap a step to see who reported it.TCS maintains US strategy and NASSCOM urges policymakers on immigration issues.1 source
Trump's administration suspends IT outsourcers.1 source
Infosys and Wipro are among 8 IT firms suspended, contrasting with TCS's hiring plans.1 source
Keep exploring
The entities involved
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Infosys
Indian multinational technology company
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Wipro
Indian information technology services corporation headquartered in Bengaluru, India
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Tata Consultancy Services
Information technology consulting company
Related events
- Infosys and Tata Consultancy Services are listed as largecap companies in India.
- Infosys Technologies is headquartered in India.
- Nandan Nilekani forecasts a significant shift in the job market within India.
- Saurabh Agarwal used LinkedIn to discuss employment patterns, noting that Wipro and Infosys are affected by a PERM freeze.
- Infosys, HCL Tech, and Persistent Systems reported strong Q2 results, while AI trade concerns weighed on the broader market.
Coverage
Newest first; wire copies grouped- siliconindia.com
- freepressjournal.in
- livemint.com
- prokerala.com
- hindustantimes.com
- thehindu.com
- dw.com