financetom
Business
financetom
/
Business
/
Update: Market Chatter: US Lawmakers Seek Corporate Feedback on H-1B Visa Use
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Market Chatter: US Lawmakers Seek Corporate Feedback on H-1B Visa Use
Sep 25, 2025 9:50 AM

12:19 PM EDT, 09/25/2025 (MT Newswires) -- (Updates with Microsoft ( MSFT ) declines to comment in the last paragraph.)

US lawmakers sent letters to companies including Amazon.com ( AMZN ) , Apple ( AAPL ) , and JPMorgan Chase ( JPM ) , seeking explanations for their continued use of H-1B visas while cutting other jobs, the Wall Street Journal reported Thursday.

In their letters, Judiciary Committee Chairman Chuck Grassley and ranking member Dick Durbin requested detailed information on how many H-1B workers the companies employ, what wages they receive, and whether US workers were displaced, the report said.

Letters also went to Alphabet's (GOOG, GOOGL) Google ( GOOG ), Meta Platforms ( META ) , Microsoft ( MSFT ) , Walmart ( WMT ) , and Cognizant Technology Solutions ( CTSH ) , with responses requested by Oct. 10, the report said.

Microsoft ( MSFT ) declined to comment to MT Newswires, and the other companies did not respond immediately to requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 508.74, Change: -1.41, Percent Change: -0.28

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved