Infosys Anticipates No Material Impact from US PERM Suspension

Gist The US government has suspended several global tech and IT firms, including Infosys , from its PERM green card program . In a recent exchange filing, India's second-largest IT firm clarified that it anticipates no material impact on its business from this regulatory action. The company is currently engaging with the US Department of Labor and other agencies to address the authorities' queries and resolve the suspension. Background The PERM green card program is an immigration and employment pathway administered by the US government , with oversight from agencies including the Department of Labor . The program is widely utilized by major global technology and IT companies to facilitate permanent residency applications for their skilled foreign workforce. Prior to this action, firms processed these applications routinely; the recent suspension halts this process for selected firms until specific administrative and compliance queries raised by US authorities are answered. Key Pointers The suspension affects multiple global tech companies simultaneously, indicating a broader systemic scrutiny of the PERM program by US authorities rather than an isolated investigation into Infosys . By officially…