Observed Signal · Jun 16, 2026 · Market Signal · Source: Wipro · Impact: 4/5
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US suspends Microsoft, Adobe from green card labor program
The Trump administration has suspended Microsoft, Adobe, and six other major tech firms—Capgemini, Cognizant, HCL, Infosys, Tata, and Wipro—from the U.S. Permanent Labor Certification program, which facilitates green cards for skilled foreign workers. Secretary of Labor Keith Sonderling cited active federal investigations and alleged fraud, noting that no new or pending applications from these companies will be accepted. Vice President JD Vance accused Microsoft of replacing laid-off workers with H-1B visa holders. Microsoft defended its practices, stating that most U.S. employees are American and that 80% of its H-1B petitions were for existing employees. The announcement was made during a White House summit on H-1B fraud, and the administration also plans to investigate nine universities, including Harvard, Yale, and Stanford, over student visa program abuse.
Newsroom Press Releases Removed
All previously listed press releases from 2026 have been removed from the Newsroom page. Examples of removed press releases include: Wipro Limited to Announce Q1 FY27 Results, Capco recognized by OpenAI, Wipro Partners with Palo Alto Networks, METRO AG Milestone, Wipro-Anthropic Center of Excellence, Wipro-ServiceNow Expansion, Mindsprint Acquisition, and others. The filter labels changed from 'All' to 'Select Type' and from '2026' to 'Select Year'. A new menu item for Switzerland was added. A 'Skip to Cookie Settings' link was added. The 'Powered by Onetrust' link was updated. Some image alt text and the region/language selector were updated. The 'Global Capability Centers' URL changed from '/wipro-fusion-gcc/' to '/wipro-gcc/'. A LinkedIn image lost its link wrapper.
Wipro Limited to Announce Results for the First Quarter ended June 30, 2026, on July 16, 2026
Wipro has updated its investor relations page to reflect the upcoming Q1 FY2026-2027 earnings announcement, replacing the previous Q4 FY2025-2026 announcement.
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