H-1B visa hike fuels anxieties: JPMorgan asked employees to return to US by September 21; tech giants scramble to comply with $100,000 visa fee increase

JPMorgan Chase urges H-1B visa holders abroad to return before September 21. A new US policy imposes a hefty $100,000 annual fee. Indian IT firms and tech giants like Infosys and TCS face challenges. They are reassessing strategies to comply with the fee increase. The move impacts workforce planning and project costs. Companies explore remote work and contract renegotiations.

H-1B visa hike fuels anxieties: JPMorgan asked employees to return to US by September 21; tech giants scramble to comply with $100,000 visa fee increase
JPMorgan Chase urges H-1B visa holders abroad to return before September 21. A new US policy imposes a hefty $100,000 annual fee. Indian IT firms and tech giants like Infosys and TCS face challenges. They are reassessing strategies to comply with the fee increase. The move impacts workforce planning and project costs. Companies explore remote work and contract renegotiations.