Business
US suspends eight major IT firms from permanent labour certification programme
Reported by Kavya Rao (Senior Writer) · Business Standard - Top Stories ·
Reported by one source so far
The United States suspended eight IT services companies from the Permanent Labour Certification Programme on Thursday. The firms named are Cognizant, Infosys, Tata, Wipro, HCL, Capgemini, Microsoft and Adobe. The suspension blocks each company from using the programme to sponsor foreign workers for permanent residency in the US. No reason was provided in the announcement. The action limits the firms’ ability to hire overseas talent under the programme.
Context
The Permanent Labour Certification Programme lets US employers seek green‑cards for foreign employees. A suspension stops that process until the employer resolves the issue. Authorities use such bans when they have concerns about compliance with programme rules.
More in Business
BusinessExplainerVerified — Confirmed by a second source: Economic Times - MarketsMajor
Major IT Firms Suspended From US Green Card Program As Tech Stocks Slide
Reported by Varun Krishnan (Senior Writer) · Livemint - Markets ·
BusinessExplainerVerified — Confirmed by a second source: Livemint - MarketsMajor
US Immigration Crackdown Slashes Infosys and Wipro ADRs by Nearly Three Percent.
Reported by Neha Sharma (Staff Writer) · Economic Times - Markets ·
