Earnings from listed HR tech companies, industry research, and policy that shapes the market.
On October 8, 2026, the US suspended eight firms—Microsoft, Adobe, TCS, Infosys, HCLTech, Wipro, Capgemini, and Cognizant—from PERM permanent labor certification, affecting their H-1B workers' green card pathways. Impacted employees receive eight-month grace periods after H-1B expiration; some roles may transfer to India.
US Vice President JD Vance publicly backed eliminating the H-1B visa program, calling it broken. Infosys and TCS saw their FY2027 H-1B registrations drop over 90% versus FY2026, while PERM permanent labor certification processing has been suspended for eight major tech employers, an opinion piece reports.
Colorado business groups are asking Attorney General Phil Weiser to delay enforcement of the state's AI decision-making tools law and to tighten definitions of 'data sources,' a tool's 'material influence,' and 'meaningful human review' before finalizing rules. The AG's office is finalizing disclosure and appeal-rights requirements for AI use in job, credit, or housing decisions, having heard public testimony on the latest draft this week.
According to Employee Benefit News, AI adoption within organizations is outpacing employee training, widening a gap in employee AI literacy. The report says corporate leaders face a critical shortage of AI talent while trying to scale operations, and expects a shift toward more hands-on upskilling and reskilling programs.
A new report from Deel found that 85% of Australian Gen Z employees carry at least one workplace worry, with 48% concerned about costs or income loss and 37% about burnout. 72% now prioritize pay that keeps up with living costs, followed by job security (57%), learning and development (47%), and values alignment (44%). The report also found 72% are taking on or seeking extra work.
BOSS Zhipin issued a notice targeting the rental/sale of recruiter accounts and posting of fabricated job listings, having already banned multiple violating accounts. The platform warned recruiters against third-party 'posting services' and cited cases of recruiters losing RMB9,000 and RMB1,600 to account rental scams, urging job seekers to verify job authenticity.
A Peninsula survey found nearly 56% of UK businesses feel negative about the Employment Rights Act 2025 (ERA), which takes effect January 1, 2027. 43% of businesses were concerned about hiring risks, rising to 51% among firms with 5-20 employees. A quarter cited unfair dismissal changes as a major or critical risk (44.4% in retail/wholesale). While 73% were familiar with the ERA, only 47% felt prepared, and hospitality was the most negative sector at 89%.
A court has issued an injunction against the FTC's non-compete ban, raising questions about whether employers can resume using non-compete clauses after the rule is blocked.
HR technology company Phenom has been named a Luminary in two separate agentic AI innovation assessments published by research firm Everest Group.