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Cognizant applies for 80% less H-1B visas

Cognizant CFO Karen McLoughlin said the company is applying for 70-80% fewer H-1B visas than what it used to. “Immigration is something that we've been living with for years and the noise in the US has been on-going for at least four or five plus years at this point. And we really have shifted the model in the US to be much more local hiring focused,” she said at the 40th Nasdaq Investor Conference held in the US.

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