# US Suspends Major Tech Firms From PERM Green Card Program

- URL: https://stocks.freetheai.org/news/us-suspends-major-tech-firms-from-perm-green-card-program-fd681c
- Published: 2026-10-10T04:16:22Z
- Category: regulation; sentiment: mixed; impact: high
- Symbols: [NSE:INFY](https://stocks.freetheai.org/symbols/NSE-INFY), [EURONEXT:CAP](https://stocks.freetheai.org/symbols/EURONEXT-CAP)
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The U.S. government suspended several major technology companies from participating in the permanent labor certification (PERM) program. Affected businesses include Infosys Limited (NSE:INFY), Capgemini SE (EURONEXT:CAP), Cognizant, Tata Consultancy Services, Wipro, HCLTech, Microsoft, and Adobe. The PERM process is a required step for foreign employees seeking employer-sponsored permanent residency.

The restriction halts new permanent residency applications for employees at affected firms, deepening delays for foreign tech workers already facing multi-year green card backlogs. While existing H-1B visas and approved residency petitions remain valid, employees approaching the six-year H-1B limit without prior extensions face immediate challenges.

Technology companies are now reviewing their immigration pipelines to assess workforce exposure and mitigate retention risks. As workers evaluate employers on immigration stability alongside pay, companies face potential talent pressure. Meanwhile, shares of Infosys Limited (NSE:INFY) rose 2.65% to 1,023 INR and Capgemini SE (EURONEXT:CAP) gained 3.79% to 115 EUR.

## Key points

- The U.S. suspended major tech companies including Infosys Limited and Capgemini SE from the PERM labor certification program.
- Existing H-1B visas and approved green card petitions are not revoked by the measure.
- Nearly one million Indians are currently waiting for employment-based U.S. green cards.
- Workers nearing the six-year H-1B limit without approved petition extensions face immediate risk.
- Shares of Infosys Limited gained 2.65% to 1,023 INR while Capgemini SE rose 3.79% to 115 EUR.

## Questions and answers

### What is the US PERM suspension for tech companies?

The U.S. suspended major tech companies from the PERM program, pausing the permanent labor certification step required for employer-sponsored green cards.

### Does the PERM suspension cancel existing H-1B visas?

No. Existing H-1B visa approvals and approved green card petitions are not automatically revoked by the PERM program suspension.

### Which tech companies are affected by the US PERM decision?

Affected firms include Infosys, Capgemini, Cognizant, Tata Consultancy Services, Wipro, HCLTech, Microsoft, and Adobe.