The Economic Times daily newspaper is available online now.

    Wipro sees no material business impact from US suspension of new PERM applications

    Synopsis

    Wipro has stated that it will not face considerable impacts from the US Department of Labor’s recent announcement. The company highlighted that the Permanent Labor Certification programme is separate from the H-1B visa process. Wipro has focused on hiring locally in the US, with over 80% of its workforce being locally recruited. The IT services firm reassured its investment in local talent and compliance with US regulations.

    Listen to this article in summarized format

    Wipro says it does not expect any material business impact from the US suspension of new PERM applications for certain companiesAgencies

    Wipro says it does not expect any material business impact from the US suspension of new PERM applications for certain companies


    Wipro does not expect the US Department of Labor’s suspension of new PERM applications for certain companies to have any material impact on its business. The company stated this in a regulatory filing on Tuesday.

    It clarified that PERM, which is linked to the US permanent residency process, is different from skilled worker visa programmes such as the H-1B.

    Wipro said over 80% of its US workforce is locally hired. It added that it will continue to invest in local talent, comply with US regulations and ensure there is no disruption to client services.

    Add ET Logo as a Reliable and Trusted News Source

    (Catch all the Business News, Breaking News, and Latest News Updates on The Economic Times.)

    Subscribe to The Economic Times Prime and read the ET ePaper online.

    ...more
    The Economic Times

    Stories you might be interested in