'No Material Impact': Infosys Breaks Silence On US PERM Green Card Suspension As TCS Cites Low Applications

New Delhi: IT giant Infosys has stated that it does not foresee any significant impact from the US government's suspension of Permanent Labor Certification (PERM) applications. This announcement came after the US government declared a suspension of certain major global technology and IT firms, including Infosys, from the PERM green card program. The program permits skilled foreign workers to obtain permanent residency in the US through their employment.

In response to the US Department of Labor's decision, Infosys expressed its willingness to cooperate with the department and relevant government agencies to address any inquiries they might have. The company affirmed that it does not anticipate the suspension to have a major impact on its operations. Infosys highlighted its investment in cultivating a robust local workforce and technology innovation hubs in the United States, and emphasized its commitment to employees, clients, and communities across the country.

Meanwhile, Tata Consultancy Services (TCS), India's largest IT firm, also noted the US government's announcement regarding the PERM suspension. TCS stated that it would adhere to any directives issued by the Department of Labor. The company's workforce strategy in the US is built around hiring local talent, owing to an effective campus recruitment model.

TCS aims to hire 15,000 additional individuals in the US over the next five years to bolster its local workforce. The firm disclosed that its PERM applications have been minimal in recent years, and thus, the suspension's impact on its workforce strategy and customer engagements is not expected to be material.