TCS Secures Second Place in H-1B Visa Approvals Amid New $100,000 Annual Fee

TCS has become the second-largest recipient of H-1B visas with 5,505 approvals, following Amazon's 10,044. The Trump administration has announced a new annual fee of $100,000 for H-1B visas, citing program abuse. Concerns over the H-1B program's impact on the U.S. job market include a doubling of foreign STEM workers since 2000 and a 36% wage discount for H-1B entry-level positions compared to traditional workers. Despite debates, USCIS has reached the congressionally mandated caps of 65,000 regular H-1B visas and 20,000 advanced degree exemptions.