IT firms may face cost hikes with H-1B overhaul
Financial Express Bengaluru|December 31, 2024
Visa changes unlikely to become more restrictive
PADMINI DHRUVARAJ

INDIAN IT FIRMS may be relieved that proposed changes to the H-1B visa programme are unlikely to become more restrictive. However, the adjustments could still significantly impact their cost structures, hiring strategies, and workforce dynamics in the United States, their largest market.

The proposed revisions, which include raising minimum wage requirements and introducing additional fees, may lead to a permanent shift in cost structures for Indian IT services firms.

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