President Donald Trump accused Microsoft, Adobe and a half-dozen other companies of abusing a U.S. worker visa program and suspended them indefinitely from a longstanding immigration initiative that has served as a crucial talent pipeline for Silicon Valley and Wall Street. The suspensions, announced Thursday by U.S. Vice President JD Vance and Labor Secretary Keith Sonderling, also targeted information technology services giants Cognizant Technology Solutions, Infosys, Tata, Wipro, HCL Technologies and Capgemini.
Those firms, either based in India or with large operations there, are often called outsourcers for their role offering contract IT work to other businesses. At a briefing in Washington, Sonderling said there were multiple federal investigations underway into the use of a system that allows U.S. employers to sponsor foreign workers for permanent residency. Vance singled out Microsoft, the world’s third most-valuable company, for what he characterized as exploitation of the program.
Extract — continue reading at the source.