Tata Consultancy Services Halts H-1B Visa Hiring in the US
The Trump administration's decision to restrict H-1B visa contracts has significantly impacted multinational IT companies, including Tata Consultancy Services (TCS), one of the largest employers of visa workers in the US.
Due to the new measures, TCS has announced a change in its hiring strategy, largely due to the increased costs imposed by the US government, which now requires a payment of $100,000 for each work visa used.
The US government has put the brakes on the huge influx of workers from third countries arriving in the United States.
This move marks a shift in the company's approach to hiring, as the cost of hiring internationally has become less competitive compared to hiring US employees.
Author's summary: TCS stops hiring foreign nationals in the US due to new H-1B visa restrictions.