StockDuty ← Dashboard Oct 10, 2026 10:06 PM ET
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Indians Panic After Trump Sabotages Tech Firm Green Card Pipeline

Trump sabotaging tech firm green card pipeline triggers Indian panic.

What happened: On October 8, 2026, Vice President JD Vance and Labor Secretary Keith Sonderling announced the Department of Labor will not accept new PERM applications or process pending ones involving listed tech firms, amid federal investigations into employment-based immigration abuse. Key numbers: Over 8.7 million H-1B visas went to Why it matters: India's foreign ministry said the action does not advance shared ambitions and called Vance's "indentured servants" description deeply offensive. Rep. Pramila Jayapal criticized targeting Microsoft and PERM as undermining legal immigration.
On October 8, 2026, Vice President JD Vance and Labor Secretary Keith Sonderling announced the Department of Labor will not accept new PERM applications or process pending ones involving listed tech firms, amid federal investigations into employment-based immigration abuse.
India's foreign ministry said the action does not advance shared ambitions and called Vance's "indentured servants" description deeply offensive. Rep. Pramila Jayapal criticized targeting Microsoft and PERM as undermining legal immigration.
Sources