Trump’s next steps could strike even closer to home: His administration has drafted an executive order aimed at overhauling the work-visa programmes , including the H1B visas, that technology companies depend on to hire tens of thousands of employees each year. The top recipients of the H1B visas are outsourcers, primarily from India, who run the technology departments of large corporations with largely imported staff. Zoe Lofgren, a Democratic congresswoman from California, introduced a bill last week to tighten requirements for the H1B work visa program. In recent years though, outsourcing companies have received the most H1B visas, while other tech companies have struggled to get all they want. Whatever specific changes are implemented, they are likely to add to the expenses for India’s technology companies.

Source: Mint January 30, 2017 14:03 UTC