President Donald Trump’s $100,000 price tag for new H-1B workers hired from outside the U.S. will have significant effects for the IT outsourcing and staffing industries, Bloomberg’s Andrew Kreighbaum and Eric Fan report. A Bloomberg analysis found the fee will have a disproportionate impact on multinational staffing firms that act as middlemen for companies seeking H-1B workers, including Infosys (INFY), Cognizant (CTSH), and Tata Consultancy Services.
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