Story perspectives
JD Vance Suspends Microsoft, Others From PERM Certification
By Drooid · · How we work
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Story summary
- Vice President JD Vance suspended Microsoft and firms including Adobe, Cognizant, Infosys, Tata, Wipro, HCL, Capgemini from PERM certification.
- Vance said Microsoft cut 6,000 U.S. jobs while receiving 6,300 H-1B visas and 3,000 green cards.
- Microsoft said 80% of its about 6,000 H-1B petitions extended existing staff and hires equal 1% of its U.S. workforce.
- Microsoft shares fell more than 1.3% in New York trading after the announcement.
