Tata, Infosys Bear Brunt of Trump’s $100,000 H-1B Fee (Correct)

President Donald Trump’s $100,000 price tag for new H-1B workers hired from outside the US could have punishing effects for the IT outsourcing and staffing industries that have long been a target of both parties.

The fee is the biggest restriction the Trump administration has imposed so far on employment of skilled foreign workers.

A Bloomberg News analysis found it could have a disproportionate impact on multinational staffing firms that act as middlemen for companies seeking H-1B workers. Those middlemen include Tata Consultancy Services Ltd., Infosys Ltd., and Cognizant Technology Solutions Corp.

Almost 90% of new H-1B hires ...