Trump's $100K H-1B Fee to Cost TCS, Infosys Billions, Spur Offshoring

• Trump's $100,000 H-1B visa fee targets IT outsourcing and staffing industries.
• Companies like TCS, Infosys, and Cognizant would have faced hundreds of millions to billions in additional costs under the new fee.
• The fee is expected to significantly reduce H-1B visa demand and push more IT jobs overseas.
• Legal challenges are underway, but companies are already adjusting hiring plans, potentially boosting investments in India.
• The fee aims to prevent companies from "gaming the system" and driving down wages, potentially reducing H-1B lottery entries by 30-50%.

Why It Matters: Trump's $100K H-1B fee will reshape IT hiring, pushing jobs overseas.