US suspends Infosys, TCS and Microsoft from green card labour programme
The US suspended Infosys, TCS, Wipro, HCL, Cognizant, Capgemini, Microsoft, and Adobe from the PERM labor certification program, affecting green card processing for foreign workers. The move aims to scrutinize hiring practices and protect American jobs. Microsoft, which laid off 6,000 US workers, disputes allegations of misusing visas. The suspension may impact staffing plans for these companies, which collectively sought nearly 3 million foreign workers since 2009.
How this was made

The 30-second read
Why it matters
Regulatory action creates uncertainty for talent acquisition, potentially slowing growth and increasing compliance costs.
Market read
First‑report regulatory suspension affecting multiple large, US‑listed tech and consulting firms; likely to trigger short‑term price pressure.
What to watch
The suspension does not affect existing visas; firms may already have pipelines that mitigate short‑term effects.
Background
The Trump administration intensified scrutiny of foreign‑worker hiring, targeting major IT and consulting firms.
Ticker impact
US Dept of Labor suspended Microsoft from the PERM green‑card programme, halting new applications.
likely pressure as the market prices in hiring restrictions
Regulatory suspension directly affects Microsoft’s ability to sponsor green cards, a material operational risk.
Infosys was named among Indian IT firms suspended from the PERM programme, limiting its US green‑card sponsorships.
likely pressure as investors assess immigration‑related headwinds
First‑report regulatory action on a major exporter of Indian tech talent.
Adobe was listed among companies barred from new PERM applications, limiting its US talent sponsorship.
likely pressure as investors factor in hiring uncertainty
Direct regulatory action on a US‑listed software company.
Market effects
US tech and consulting sectors may see broader hiring‑risk reassessment.
Potential downside for Indian IT exporters and European consulting firms with US operations.
Regulatory tightening could influence global talent‑mobility trends and related equities.
Counterpoint
If companies can shift to H‑1B or other visa categories, the impact may be limited.
Key entities
- Government OfficialKeith Sonderling
US Labour Secretary announcing the suspension.
- Government OfficialDonald Trump
President whose administration is enforcing the policy.




