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Reuters

Trump administration suspends Microsoft, Adobe and Infosys green card filings amid alleged fraud probe

AI Market Summary
The US administration froze PERM green card processing for Microsoft, Adobe and major IT outsourcers amid alleged fraud, expanding a broader clampdown on skilled-worker visa programs and launching investigations into top universities. While near-term earnings impact may be limited, tighter immigration pathways can constrain tech labor supply, raise compliance and hiring friction, and increase uncertainty around R\u0026D staffing and US competitiveness, weighing on affected mega-cap and IT-services names.
Impact level
● Medium
Affected assets
NCSKMSFT2USD/USDT-0.64%
AI Insight · NCSKMSFT2USD/USDTAI Insight
▼ Bearish
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The Trump administration has suspended employment-based green card processing for Microsoft, Adobe and major IT outsourcing firms, and opened investigations into nine leading universities as it widens a visa enforcement push. The Labor Department previously launched an enforcement drive called “Project Firewall,” alongside a White House proclamation imposing a one-time $100,000 fee on new H-1B petitions for workers hired from abroad. The measures are aimed at combating alleged fraud and protecting U.S. jobs.
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