Trump Admin Suspends Microsoft from PERM Green Card Program

Key Facts

1The Trump administration suspended Microsoft from the PERM green card program.

2Vice President JD Vance accused Microsoft of replacing laid-off Americans with foreign workers.

The Trump administration suspended Microsoft from the PERM green card program, a critical labor certification process for foreign employees. Fortune reported that Vice President JD Vance accused the company of displacing laid-off American workers in favor of foreign labor following recent workforce reductions.

MSFT closed at $539.7 on October 12, 2026, as the company faces these new regulatory headwinds regarding its talent acquisition strategy. On the same day, peer stocks saw AAPL closing at $340.97, META at $743.7, and GOOGL at $351.79.