With President Donald Trump making it abundantly clear that he will curb immigrant work visas to protect domestic jobs, technology outsourcing firms such as Tata Consultancy Services, Infosys and Wipro are focusing on localisation and hiring more Americans to serve their clients in the U.S.
According to Sanchit Vir Gogia and Anshoo Nandwaani of Greyhound Research, both IT services providers and the U.S. economy will face ramifications from the Trump administration’s move to tighten visa rules.
“Skilled foreign workers who come to work in the United States by the route of H-1B visas don’t just directly supplement the U.S. IT industry with specialised skill sets, they also contribute indirectly to other industries in the U.S.,” they said in a note. “Often H-1B workers bring their families along and thereby bring additional business for other industries like real estate, banking, hospitality, to name a few.”
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Sanchit Vir Gogia: Sanchit is the Chief Futurist, Founder & CEO of Greyhound Knowledge Group, a Global, Award-Winning, Digital Transformation Research & Advisory Group. He also serves as Chief Analyst & CEO of Greyhound Research, an Award-Winning, Global, Independent Technology Transformation Research & Advisory firm. To read more about him, click here.
Anshoo Nandwaani: Anshoo serves as a VP and Principal Analyst with Greyhound Research, an Award-Winning, Global, Independent Technology Transformation Research & Advisory firm. She also serves as Chief Human Resources Officer (CHRO) of Greyhound Knowledge Group, a Global, Award-Winning, Digital Transformation Research & Advisory Group. To read more about her, click here.
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