logo
logo
Sign in

How Will Donald Trump's Suspension of H-1B Visas Affect Indian and US Companies?

avatar
Transfin Contact

On June 22nd, citing COVID-19’s economic disruption and rising unemployment, US President Donald Trump signed an executive order to freeze the distribution of temporary worker visas (including the H-1B visa) till the end of 2020.

The H-1B is the largest guest worker programme in the US, availed by workers in “specialty occupations”. Indians are the largest beneficiary of the visa programme, having claimed over 70% of the work visas in recent years. And if you look at the list of top companies that avail the visa, you'll see a string of IT and tech giants.

Which should not come as a big surprise because computer-related companies command a lion's share of H-1B visas.

What will be the repercussions of Trump's suspension of the H-1B?

collect
0
avatar
Transfin Contact
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more