US Suspends Microsoft, Adobe, and IT Giants from Green Card Program Over Alleged Abuses
Yahoo Finance ·
The United States government has temporarily barred Microsoft, Adobe, and several major information technology firms from a federal program that facilitates permanent residency for skilled foreign employees, Vice President JD Vance announced on Thursday, October 8, 2026. Officials cited ongoing federal investigations and alleged fraud as the primary reasons for the suspension. Labor Secretary Keith Sonderling confirmed that prominent global IT outsourcing providers, including Cognizant, Infosys, Tata, Wipro, HCL, and Capgemini, have also been frozen out of the Permanent Labor Certification Program. Concurrently, the Department of Labor launched an investigation into J-1 visa practices at nine elite American universities, such as Harvard, Yale, Stanford, Brown, and MIT, with subpoenas already issued. Following the announcement, Microsoft shares edged up roughly 0.2%, while Adobe gained 0.4%. Conversely, Cognizant declined about 0.7% and Infosys fell 2.2% during Thursday trading sessions.
AI 시장 분석
The U.S. government has temporarily suspended major IT companies such as Microsoft and Adobe from participating in the PERM permanent labor certification program. This measure aims to promote domestic hiring and prevent system abuse, putting a brake on the workforce management of related IT and outsourcing companies. Investors should monitor future hiring cost increases and regulatory tightening risks.
하락 영향
- Software — As core software companies like Microsoft and Adobe are excluded from the PERM program, recruitment of top talent is disrupted and upward pressure on labor costs intensifies.
- IT Services — Large IT outsourcing companies such as Infosys and Cognizant are suspended from the permanent residency program, dealing a blow to their business models and increasing costs.
DYAX 전담 분석
The suspension of the U.S. PERM program increases core talent recruitment costs for major IT companies like Microsoft, Adobe, Cognizant, and Infosys, acting as a short-term earnings pressure factor. In particular, companies with a high dependence on skilled foreign workers will face rising labor costs and hiring delays.
The bullish scenario is that companies successfully transition to domestic hiring and resolve regulatory risks, while the bearish scenario is that additional federal investigations and regulatory expansions spread across the broader tech sector. Investors should pay attention to related employment indicators and trends in IT companies' labor costs.
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