Statement on U.S. suspension of PERM applications

Infosys says the U.S. Department of Labor has suspended new and pending PERM applications by certain companies, including Infosys.

Sat 10 Oct 2026

Regulatory development

U.S. Department of Labor has suspended new and pending PERM applications by certain companies, including Infosys

Company impact assessment

Does not anticipate a material impact on the organisation

What the company has told the exchanges

The company says it is aware of the decision announced by the United States Department of Labor concerning the suspension of new and pending applications by certain companies, including Infosys, under the Permanent Labor Certification program, commonly called PERM.

The company states that it welcomes the opportunity to work with the Department of Labor and related government agencies to answer any questions they may have. It also states that it does not anticipate the suspension announced a day earlier to have a material impact on the organisation.

What PERM is, in simple terms

• PERM is a U.S. labour certification step that an employer generally goes through as part of sponsoring an employee for permanent residency there.
• A suspension of new and pending applications means that step is on hold for the companies named, including Infosys.

What the company says about its U.S. presence

The company states that it has invested in building a strong local workforce and technology and innovation hubs in the United States, and that it remains committed to its employees, clients and communities across the United States and to complying with all applicable laws and regulations.

How the company describes the impact

• It says it does not anticipate a material impact on the organisation from the suspension.
• It says it will make further disclosures, if required, in accordance with applicable regulatory standards.

The company also notes it was in the process of verifying the information and evaluating appropriate next steps following the announcement made by the United States Department of Labor, which it gives as the explanation for the delay in disclosure.

What the statement itself carries

The release includes forward-looking statements, including those concerning the impact of the suspension of PERM applications, made with the intent to qualify for the safe harbour under the Private Securities Litigation Reform Act of 1995. The company states that such statements are based on current expectations, assumptions, estimates and projections about the company, its industry, economic conditions in the markets in which it operates and certain other matters, and that these are subject to known and unknown risks, uncertainties and other factors that could cause actual results or outcomes to differ materially.

Among the factors it lists are the complex and evolving regulatory landscape including immigration regulation changes, particularly in the United States, risks regarding execution of business strategy, increased competition for talent, the ability to attract and retain personnel, increase in wages, investments to reskill employees, the ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence, its ESG vision, capital allocation policy and expectations concerning market position, future operations, margins, profitability, liquidity and capital resources, corporate actions including acquisitions, cybersecurity matters, the outcome of pending litigation and the U.S. government investigation, and the effect of current and future tariffs.

The company states that the reader should not conclude, in light of these and other uncertainties, that the results or outcomes referred to in any of the forward-looking statements will be achieved, and that it does not undertake to update any forward-looking statements unless required by law.

How a retail investor might read this

The statement is the company's own response to an external regulatory development that names it. The key point it makes is that it does not anticipate a material impact. The forward-looking nature of that assessment, the immigration-regulation risk it flags, and the possibility of further disclosures are the elements to track going forward.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.