‘Reckless’ H1-B fee hike to impact IT sector negatively; Microsoft, JP Morgan issue directive – How industry is reacting
As US President Donald Trump on Friday signed and executive order to impose a $100,000 fee on H-1B visa applications, the industry leaders and US lawmakers criticised the move as ‘reckless’ and noted that it will have a ‘huge negative’ on the IT industry.
What did Trump say?
Trump on Friday signed the proclamation ‘Restriction on entry of certain nonimmigrant workers’ that restricts the entry into the US of those workers whose H1B petitions are not accompanied or supplemented by a payment of USD 100,000.
