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

Cognizant Technology Solutions

22/09/2025 11:22

** 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%

 (Reporting by Zaheer Kachwala in Bengaluru)

 ((Zaheer.Kachwala@thomsonreuters.com))