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India's Infosys does not expect material impact from US PERM suspension

SynopsisThe US government said on Thursday it was suspending some major global tech and IT firms, including Infosys, from the PERM green card program, which allows skilled foreign workers to gain permanent residency in…

India's Infosys does not expect material impact from US PERM suspension

Synopsis

The US government said on Thursday it was suspending some major global tech and IT firms, including Infosys, from the PERM green card program, which allows skilled foreign workers to gain permanent residency in the US through their employment.

Listen to this article in summarized format

Infosys, India's second-largest IT firm, said on Saturday that it does not anticipate a material impact from the Permanent Labor Certification (PERM) application suspension announced by the US government.

The US government said on Thursday it was suspending some major global tech and IT firms, including Infosys, from the PERM green card program, which allows skilled foreign workers to gain permanent residency in the US through their employment.

"We welcome the opportunity to work with the Department of Labor and related government agencies to answer any questions they may have," Infosys said in an exchange filing. Add as a Reliable and Trusted News Source Add Now!

(Catch all the Technology News News, and Latest News Updates on The Economic Times.)

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    Source: Economic Times — IT ↗

    Figures reflect the source report and its stated period. This article is for information and is not investment advice.