New Delhi: Amid rising concerns over Donald Trump administration’s proposals to restrict inflow of foreign workers, Infosys has decided that it will not for H-1B visas for junior employees, as per a newspaper report.
A report in the Economic Times said that the IT bellwether has not raised visa requests for systems engineers and senior systems engineers.
The ET quoting a company executive said that it is “not applying for visas for employees with under four years of experience. We are talking to clients about offshoring more work to India, and the work done by junior employees can be brought to India.”
The US contributes nearly 62 percent of the exports. Analysts are of the opinion that Indian tech companies could easily witness around 60-70 percent rise in salaries of H-1B visa dependent workforce, leading to a 5-10 percent hit on the margins, depending on the total base of employees currently on H1-B visas.
