Infosys: US PERM Program Suspension Not Material

Infosys Limited has issued a statement acknowledging the U.S. Department of Labor's decision to suspend new and pending applications under the Permanent Labor Certification (PERM) program for certain companies, including Infosys. The company stated it welcomes the opportunity to work with the Department of Labor and does not anticipate a material impact on its operations. Infosys highlighted its investments in a strong local workforce and innovation hubs in the United States, reaffirming its commitment to its employees, clients, and communities, as well as compliance with all applicable laws. The company also noted that forward-looking statements regarding the PERM suspension's impact are subject to various risks and uncertainties.