US H-1B visa fee hike: Indian IT firms facing $150-550 million in immigration bill
Indian IT companies face rising costs due to a sharp increase in US H-1B visa fees. This could significantly impact their profits. Firms may increase offshoring and local hiring to mitigate the effects. Project timelines could be disrupted. Clients may also bear some of the increased costs. Alternative talent models like remote work may become more common.
Indian IT companies face rising costs due to a sharp increase in US H-1B visa fees. This could significantly impact their profits. Firms may increase offshoring and local hiring to mitigate the effects. Project timelines could be disrupted. Clients may also bear some of the increased costs. Alternative talent models like remote work may become more common.
