US administration halts green card program for Microsoft and some other companies

Jiji Press··US·Read original
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Summary · why it matters

Vice President Vance announced on the 8th that the United States is suspending the program allowing foreign workers to obtain permanent residency, or green cards, for certain companies including Microsoft and software giant Adobe. Vance noted that Microsoft laid off 6,000 American citizens in 2025 while hiring 6,300 foreigners through the H-1B visa for highly skilled professionals, and that 3,000 foreigners obtained green cards. He accused the company, saying "no company has abused this system as much as Microsoft," and argued that such companies are hiring lower-wage foreign workers and taking jobs away from American citizens.

Impact on assets 2

Artificial Intelligence▼
Microsoft Corporation
MSFT
▼ NegativeRegulationrelevance

Vance announced suspension of the green card program for Microsoft, accusing it of abusing the H-1B/green card system and displacing American workers.

Adobe Inc.
ADBE
▼ NegativeRegulationrelevance

US suspends the green card program for certain companies including Adobe, restricting its ability to secure permanent residency for foreign workers.