Trump to impose $100,000 annual fee on H-1B visas, shaking up tech hiringWinnersRobert Half International ($RHI) — Higher employer demand for domestic tech talent and contract placements as firms avoid costly H-1B hires.ManpowerGroup ($MAN) — More U.S. staffing needs and temp-to-perm roles as companies pivot away from visa-dependent hiring.Upwork ($UPWK) — Outsourcing and remote contracting become cheaper alternatives to onshore H-1B talent, boosting marketplace activity.Globant ($GLOB) — Nearshore/offshore IT delivery gains relative cost advantage versus U.S. onshore teams that relied on H-1B staff.Coursera ($COUR) — Employers expand upskilling/reskilling of U.S. workers to fill STEM gaps created by tighter, pricier visas.LosersCognizant Technology Solutions ($CTSH) — Business model heavily uses H-1B employees; added per-worker fees pressure margins and pricing.Infosys ($INFY) — U.S. delivery reliant on H-1B staffing; higher costs and potential client pushback on rate increases.Wipro ($WIT) — Similar H-1B exposure; onshore project economics worsen, risking delays or rebids to offshore only.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.