BREAKING
LIVE MARKETS
US📈 S&P 500$5,738.17▲ 0.41% METAL🥇 GOLD$2,658.40/oz▲ 0.52% ENERGY🛢️ BRENT$71.89/bbl▲ 0.68% CRYPTO₿ BTC$65,840.00▲ 1.85% IN🇮🇳 NIFTY 50₹26,178.95▲ 0.30% METAL🥈 SILVER$31.62/oz▲ 1.18% US💻 NASDAQ$18,179.59▲ 0.60% ENERGY🛢️ WTI CRUDE$68.18/bbl▲ 0.75% CRYPTOΞ ETH$2,664.20▲ 2.10% IN🇮🇳 SENSEX₹85,571.85▲ 0.28% US🏛️ DOW$42,313.00▲ 0.33% CRYPTO◎ SOL$156.40▲ 4.30% UK🇬🇧 FTSE 100£8,320.72▲ 0.43% CRYPTO⬡ BNB$598.20▲ 0.85% US📈 S&P 500$5,738.17▲ 0.41% METAL🥇 GOLD$2,658.40/oz▲ 0.52% ENERGY🛢️ BRENT$71.89/bbl▲ 0.68% CRYPTO₿ BTC$65,840.00▲ 1.85% IN🇮🇳 NIFTY 50₹26,178.95▲ 0.30% METAL🥈 SILVER$31.62/oz▲ 1.18% US💻 NASDAQ$18,179.59▲ 0.60% ENERGY🛢️ WTI CRUDE$68.18/bbl▲ 0.75% CRYPTOΞ ETH$2,664.20▲ 2.10% IN🇮🇳 SENSEX₹85,571.85▲ 0.28% US🏛️ DOW$42,313.00▲ 0.33% CRYPTO◎ SOL$156.40▲ 4.30% UK🇬🇧 FTSE 100£8,320.72▲ 0.43% CRYPTO⬡ BNB$598.20▲ 0.85%
Markets

Trump Administration Slams Door on Green Cards for Microsoft, Adobe, and Top IT Outsourcers

The Trump administration has suspended Microsoft, Adobe, and several major IT outsourcing firms from a green card program for skilled foreign workers. The firms affected include Capgemini, Cognizant, HCL, Infosys, Tata, and Wipro. The move significantly restricts the ability of these companies to sponsor foreign employees for permanent residency in the United States.

🎧 Listen to Story
Click play to listen to audio edition

In a significant escalation of its immigration crackdown, the Trump administration has suspended Microsoft, Adobe, and several major IT outsourcing firms from a green card program that allows them to sponsor skilled foreign workers for permanent residency in the United States. The suspension, announced on [date], also affects Capgemini, Cognizant, HCL, Infosys, Tata, and Wipro, effectively barring these companies from participating in the program that is crucial for retaining top global talent.

The move is part of a broader effort to protect American jobs amid economic uncertainty, but critics argue it will harm the tech industry's competitiveness. The green card program, known as the EB-2 and EB-3 categories, allows employers to sponsor foreign workers for permanent residency. These companies have long relied on the program to hire and retain skilled workers from countries like India and China. According to government data, these firms collectively sponsor thousands of green cards annually. An official statement from the Department of Homeland Security cited the need to 'prioritize American workers' but did not provide specific details on the duration of the suspension.

The decision has sparked immediate backlash from the tech industry, with trade groups warning of talent shortages and potential job cuts. Microsoft and Adobe have declined to comment, while Infosys and Wipro are reportedly evaluating legal options. The suspension could also strain US-India relations, as Indian nationals are among the largest beneficiaries of the program. Experts suggest this could accelerate offshoring of tech jobs and reduce US competitiveness in the global market. The administration is expected to face legal challenges, and Congress may intervene to address the fallout.

Comments (0)

No comments yet. Be the first to share your thoughts!

Leave a Comment

Your comment will appear after moderation. Max 2000 characters.