Web Stories Saturday, September 20

WASHINGTON: US President Donald Trump plans to introduce a new US$100,000 application fee for H-1B worker visas as part of his broader immigration crackdown, Bloomberg News reported on Friday (Sep 19).

Bloomberg cited a White House official familiar with the matter. Reuters could not immediately verify the report.

According to the report, Trump was expected to sign a proclamation as early as Friday restricting entry under the H-1B programme unless the application fee is paid. He also planned to order changes to prevailing wage levels for H-1B visas to further limit their use.

IMPACT ON TECH SECTOR

The H-1B programme is widely used by technology and staffing companies to fill specialised technical roles. Amazon had more than 10,000 H-1B visas approved in 2025, while Microsoft and Meta Platforms each had over 5,000 approvals, according to US Citizenship and Immigration Services.

Shares of Cognizant Technology Solutions, an IT services company heavily reliant on H-1B workers, fell more than 5 per cent on Friday.

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