Labour Secretary Keith Sonderling announced on 8 October 2026 the suspension of Microsoft and Adobe from participation in the US foreign worker green-card labour program, citing multiple active federal investigations into their involvement in the scheme. The Trump administration framed the suspension as part of broader action against alleged widespread abuse of worker visa systems within the technology industry.
Microsoft (MSFT) and Adobe (ADBE) are directly affected as suspended participants in the green-card labour program, restricting their ability to use this pathway to secure permanent residency for foreign employees; no specific price moves for either stock were reported in the cluster at the time of this brief.
Labour Secretary Sonderling indicated that the suspensions reflect active federal investigations, signalling increased regulatory scrutiny of tech industry hiring and immigration practices. The action is part of a wider tightening of US immigration policy affecting the technology sector's international workforce arrangements.
Sources: Bloomberg Markets, Cnbc TOP