Top H-1B visa hiring tech firms tick lower after Trump's $100,000 fee mandate

ReutersSep 22, 2025 10:22 AM

Tech shares fall premarket after Trump administration imposes $100,000 annual fee per H-1B visa holder on employers

Microsoft MSFT.O, Alphabet GOOGL.O, Meta META.O and Amazon.com AMZN.O down marginally around 0.5%

Cognizant CTSH.O drops 1.1%, U.S.-listed shares of Infosys INFY.NS falls 0.4%

Amazon, its cloud-computing unit AWS received approval for 12,000+ H-1B visas in H1 2025; Microsoft, Meta each had 5,000+ approvals

Microsoft, JPMorgan JPM.N, Amazon advise H-1B employees to stay in U.S. via internal emails - Reuters

JPM down nearly 1.6%

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