LTIMindtree CEO: Halt on New H1-B Filings Amid $100,000 Fee Hike, Focus Shifts to Local Hiring
Technology
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CNBC TV18•01/12/2025
LTIMindtree CEO: Halt on New H1-B Filings Amid $100,000 Fee Hike, Focus Shifts to Local Hiring
- •LTIMindtree to halt new H-1B visa applications.
- •CEO Venu Lambu cites high visa fees as reason.
- •Move applies only to new petitions, not renewals.
- •Company to focus on local hiring in the US.
- •Indian IT firms reducing reliance on H-1B visas.
Why it matters: This shift affects job opportunities and visa policies for tech workers and local hires in the US.
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