WS #15537
The US Department of Labor has suspended the PERM labor certification program for major technology firms including Microsoft and Adobe, while Vice President Vance announced reforms to H-1B and J-1 visa programs. This regulatory shift signals a structural increase in labor costs and hiring friction for the tech sector, dampening the margin expansion thesis for software companies reliant on global talent.
Tech Labor & Visa Crackdown
The US Department of Labor has suspended the PERM labor certification program for major technology firms including Microsoft and Adobe, while Vice President Vance announced reforms to H-1B and J-1 visa programs. This regulatory shift signals a structural increase in labor costs and hiring friction for the tech sector, dampening the margin expansion thesis for software companies reliant on global talent.