Shafaq News..US suspends Microsoft, Adobe from key green-card program
The US government suspended Microsoft, Adobe, and other IT firms from the PERM labor certification program, citing alleged abuse of foreign-worker programs. The suspension will remain until changes in hiring practices are observed. Microsoft is the largest filer of PERM applications, and Amazon leads in approved H-1B beneficiaries. Investigations into nine universities for visa misuse were also launched.
How this was made

The 30-second read
Why it matters
Regulatory suspension could constrain talent pipelines, raise hiring costs, and affect project delivery timelines.
Market read
The suspension directly impacts major U.S.-listed tech and consulting firms, creating near‑term downside risk.
What to watch
Companies may shift to alternative visa categories or increase domestic hiring, mitigating impact.
Background
U.S. Labor Department crackdown on PERM labor certification for several large IT firms.
Ticker impact
Microsoft suspended from PERM green‑card program, halting its labor certification filings.
likely pressure as the market prices in hiring restrictions
Regulatory suspension directly limits a key talent pipeline, which could affect operations and cost structure.
Adobe suspended from PERM green‑card program, stopping its labor certification applications.
likely pressure as investors assess hiring risk
The suspension curtails Adobe's ability to secure foreign talent, a material operational constraint.
Cognizant suspended from PERM green‑card program, ending its labor certification filings.
likely pressure as the market prices in potential hiring constraints
Regulatory action directly impacts Cognizant's core staffing model.
Infosys suspended from PERM green‑card program, halting its labor certification process.
likely pressure as investors factor in reduced talent pipeline
The suspension limits Infosys's ability to staff U.S. engagements, a key revenue source.
Wipro suspended from PERM green‑card program, ending its labor certification applications.
likely pressure as investors assess hiring risk
The suspension curtails Wipro's ability to secure foreign workers for U.S. projects.
Market effects
IT services and software firms may see broader hiring risk concerns.
U.S. tech and consulting stocks could face short‑term pressure.
Potential ripple effects on foreign‑listed IT service providers with U.S. exposure.
Counterpoint
If the suspension is short‑lived, the market may overreact and rebound.
Key entities
- RegulatorU.S. Labor Department
Agency enforcing the suspension of PERM applications.
- PoliticianJD Vance
Vice President who highlighted the abuse of foreign‑worker programs.



