‘Indentured servants’: US draws line on foreign hires
Vice President JD Vance has issued a stern warning to US companies, stating that they cannot replace American workers with foreign "indentured servants." The US government has put a halt on the PERM program for IT majors, suspending eight major firms including TCS, Infosys, Wipro, Cognizant, and Microsoft. The administration claims that this move is due to alleged fraud, where companies are using the program to import cheaper foreign workers and replace their American counterparts.
Vance emphasized that the US wants businesses to thrive in America, promoting investment in the domestic tech sector while ensuring that American workers are prioritized. The suspension affects the PERM program, which allows US employers to sponsor foreign workers for permanent residency; only certain companies will no longer be able to apply for new PERM applications or process pending ones.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.