Wipro Reports H-1B Fee Increase Won't Affect Business Due to Local Workforce Strategy

Wipro asserts that the recent increase in H-1B visa fees wont impact its operations, thanks to a strategy focused on localizing its workforce in the US.

• Wipro, Indias fourth-largest information technology services firm, claims that its localized workforce strategy mitigates the impact of recent H-1B visa fee increases.
• In the past year, Tata Consultancy Services (TCS) reported a significant reduction in reliance on H-1B visas, with only 500 associates traveling to the US on new visas.
• Wipros business model prioritizes hiring local talent, reducing the need for foreign worker visas and emphasizing its adaptation to changing US immigration policies.