TCS sees no hit from US green-card programme suspension
In short
TCS said the US green-card programme suspension will not affect its hiring plan. It said its PERM applications were in single digits over the past two years and repeated its goal of hiring 15,000 more people in the US over five years.
This matters because TCS says it has little direct exposure to the policy change. The report does not say whether other IT companies face bigger risks.
What the reporting says
TCS said the US suspension of the green-card programme will not affect its workforce strategy and that its PERM applications were in single digits over the past two years. The company also reiterated plans to hire 15,000 additional employees in the US over the next five years. The immediate consequence appears limited for TCS, though the reporting does not say how peers may be affected.
Why it matters
TCS said the US suspension of the green-card programme will not affect its workforce strategy, noting that its PERM applications were in single digits over the past two years. It also repeated plans to hire 15,000 more employees in the US over the next five years. The source indicates low direct exposure for TCS, but it does not quantify any wider industry effect.