No US PERM Suspension Notice, H-1B Workforce Below 1%: Tech Mahindra
Tech Mahindra has said it has not received any communication from the US government regarding the suspension of its Permanent Labor Certification (PERM) applications, which employers use to sponsor certain foreign workers for permanent residency. Managing Director and Chief Executive Officer Mohit Joshi said the company's limited dependence on H-1B visas and substantial local hiring in the US…
Tech Mahindra has reported that it has not received any notice from the US government suspending its Permanent Labor Certification (PERM) applications. The company's Managing Director, Mohit Joshi, stated that the company's minimal reliance on H-1B visas and substantial hiring of local workers in the US reduce its vulnerability to immigration-related restrictions.
In its Q2 earnings conference on October 15, Joshi disclosed that fewer than 1% of Tech Mahindra's workforce held H-1B visas. Furthermore, around 70% of the company's US workforce consists of permanent residents, minimizing the need for new green-card applications. This clarification comes after reports of the US Department of Labor suspending several major technology firms, including Tata Consultancy Services (TCS), Infosys, Wipro, HCLTech, Microsoft, Adobe, and Cognizant, from the PERM program due to alleged misuse of employment-based immigration pathways.
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