Vance says Trump administration suspends Microsoft and Adobe from PERM green card program

The U.S. administration is suspending Microsoft's access to the PERM employment-based green card program and halting processing for Adobe and major IT outsourcers amid fraud investigations. This raises operational and hiring risk for large tech employers reliant on skilled immigration, potentially pressuring labor costs, staffing flexibility, and growth execution. The breadth of targets and threat of criminal cases increases headline and regulatory uncertainty for the sector.