Apple, Microsoft, Google, Amazon and 16 other tech giants that may be most affected by $100,000 H-1B visa fee

The US government on Tuesday unveiled a proposal to modify the H-1B visa selection process.

US President Donald Trump recently announced the decision to impose an increased fee of $1,00,000 on the new H-1B application. The revised regulation sent shockwaves in the global technology sector and many tech giants such as Google, Amazon, Meta and others asked their employees with H-1B visa to return to US as soon as possible. The H-1B visa program has been long used by the US companies to hire skilled foreign workers majorly from China and India. The White House has defended the move as a way to curb “systemic abuse” of the program and to prioritize American workers.

Companies most impacted by the H-1B visa hike

As reported by Business Insider, the curated industry data reveals that majorly 20 tech firms are said to feel the burnt of the new policy. These include big tech leaders such as Amazon, Microsoft, Google Meta, Apple. Chipmakers and hardware firms like Intel, Nvidia, Qualcomm and Broadcom. Enterprise software and cloud players like Oracle, Salesforce, IBM, SAP. IT services and consulting giants such as Infosys, Tata Consultancy Services (TCS), Wipro, HCLTech, Cognizant and global innovators like Accenture and Capgemini. All these companies account for tens of thousands of H-1B visa holders collectively each year.