Infosys worried about US visa restrictions
Infosys is crossing its fingers and praying hard so that U.S. does not bring in any strict action on its B-1 visa, H1B visa, and other visa programmes as the company has said its business could be adversely affected if the U.S. decides to restrict the visa programme as a fallout of its lawsuit against its ex-employee Jack Palmer.
After Jack Palmer brought in to the notice of the U.S. authorities, the existing visa laws in U.S. is under scrutiny. There are possibilities of news rules and legislations by the U.S. government regarding the outsourcing of projects, wages and work visa holders at client locations.
“In the event that the U.S. government undertakes any actions which limit the B-1 business visa programme or other visa programme that we utilise, this could materially and adversely affect our business and results of operations,” Infosys said in a filing to the US Securities and Exchange Commission (SEC).
The law suit has turned out to be a bad omen for Infosys as Infosys said legislation in certain countries, including the U.S. and the UK, could restrict outsourcing work to Infosys or limit its ability to send employees to the client sites.