Infosys states no material impact from US government suspension of PERM applications
INFY Infosys Ltd ADR
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View chart & analysis → - 1The US government suspended PERM applications, a permanent residency program, for several major global technology and IT companies including Infosys on Thursday.
- 2Infosys, India's second-largest IT company, stated on Saturday that there would be no material impact from the suspension of PERM applications.
- 3Infosys disclosed that it welcomes the opportunity to cooperate in answering questions from the Department of Labor and related government agencies.
So what's the key point?
The US government has temporarily paused green card applications for tech companies like Infosys. However, the company said this will not cause any major problems.
Source Reuters +1 · View original ↗
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