Tata Consultancy Services sees no impact from US green-card suspension
by@Reuters
Summary
Tata Consultancy Services (TCS), India's leading IT services exporter, announced that it does not foresee any significant impact on its workforce strategy due to the recent suspension of the US Permanent Labor Certification (PERM) programme. The US Labor Department has ceased the processing of new and pending PERM applications for affected companies. However, TCS emphasized that it had only a few PERM applications in the past two years and intends to hire 15,000 additional employees in the US over the next five years, primarily focusing on local recruitment and campus hiring to minimize reliance on the suspended programme.
Tokens
$TCS
Analysis
Reuters: Reuters is an international news organization specializing in business, financial, and general news reporting. It published the original article detailing Tata Consultancy Services' position on the US green-card programme suspension. Kashish Tandon: Kashish Tandon is a Reuters journalist based in Bengaluru who covers business and technology developments. Tandon handled the reporting for the story on Tata Consultancy Services' workforce strategy response. Sherry Jacob-Phillips: Sherry Jacob-Phillips serves as an editor at Reuters. She edited the article outlining Tata Consultancy Services' assessment of the PERM programme suspension. Tata Consultancy Services: Tata Consultancy Services is India's top IT services exporter, delivering consulting, technology, and digital solutions to clients worldwide. In the reported development, the company assessed that the US Labor Department's suspension of new and pending PERM applications for affected firms would have no material effect on its operations or client work. Workforce Strategy: Tata Consultancy Services focuses its US hiring primarily on local recruitment and campus programmes to reduce dependence on visa-related pathways. Immigration Processing: The US Labor Department has halted acceptance and processing of new and pending PERM applications involving certain affected companies.
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macropoliticstech