JD Vance and the Labor Department suspended Microsoft, Adobe and six IT outsourcers from PERM, the labor certification most employer green cards require. Employees already in those queues pay first, and the officials' fraud charges put past filings under legal scrutiny.
Perspective Coverage
16 publishers
- Builder
- Builder 29%
- Operator
- Operator 43%
- Investor
- Investor 28%
Reality
- Evidence62
- Adoption
- Insufficient
- Hype gap+45
- Incentives68
- Confidence64
Labor Secretary Keith Sonderling's department will neither accept nor process PERM green-card filings for eight firms, Microsoft among them. Immigration lawyers say H-1B holders near the six-year visa limit, who need green-card progress to stay, are most exposed.
Perspective Coverage
3 publishers
- Builder
- Builder 15%
- Operator
- Operator 40%
- Investor
- Investor 45%
Reality
- Evidence62
- Adoption
- Insufficient
- Hype gap+15
- Incentives65
- Confidence60
Labor Secretary Keith Sonderling said the government will stop taking or processing PERM filings for Microsoft, Adobe and six outsourcing firms. Attorneys told Business Insider the exposure sits with H-1B staff near the six-year cap.
Perspective Coverage
23 publishers
- Builder
- Builder 36%
- Operator
- Operator 40%
- Investor
- Investor 24%
Reality
- Evidence66
- Adoption45
- Hype gap+35
- Incentives70
- Confidence68
Trump named a three-member White House panel to decide whether there is cause to fire Fed Governor Lisa Cook, with a closed hearing on Nov. 5. Quartz reported that Cook's last written reply is due Nov. 10, so the route to opening a Fed board seat now runs on a calendar.
Perspective Coverage
4 publishers
- Builder
- Builder 5%
- Operator
- Operator 41%
- Investor
- Investor 54%
Reality
- Evidence78
- Adoption
- Insufficient
- Hype gap+5
- Incentives70
- Confidence74
US officials have suspended Infosys, TCS, Wipro, HCL, Cognizant, Capgemini, Microsoft and Adobe from PERM green-card sponsorship. For the five that Al Jazeera counts as Indian IT firms, the order as reported covers the green card that often follows an H-1B visa, not the visa itself.
Reality
- Evidence55
- Adoption
- Insufficient
- Hype gap+35
- Incentives60
- Confidence55