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H-1B visa petitions from United States-based financial companies dropped 10% in FY26 for the October to December quarter, compared to the same period last fiscal.
H-1B visa petitions from US financial firms dropped 10% in Q1FY26 versus last year.
KEY POINTS
- Goldman Sachs' certified H-1B filings fell 60%, while JPMorgan's dropped 29% year-over-year.
- Citi, Barclays, and Morgan Stanley increased H-1B filings, bucking the overall downward trend.
- Trump-era H-1B changes raised application fees to $100,000 and introduced social media vetting.
- AI-related job fears contributed to reduced H-1B filings among financial and tech companies.
COMPANIES
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