Archive · 18 Dec 2025
Shareholder Pushes Amazon, Walmart, Alphabet for H-1B Impact Report
A shareholder group called SOC Investment Group, which owns shares in Amazon, Walmart, and Alphabet, is asking these companies to report how Trump's new rules on H-1B visas are affecting them.
H-1B visas are special work permits for skilled foreign workers.
Trump's administration has made it harder and more expensive to get these visas, which these companies rely on.
The shareholder group wants to know if these changes are hurting the companies' finances and ability to hire the right people.
They might even take legal action if the companies don't respond.
Trump has also made new rules that could make it easier for these companies to ignore the shareholder's request.
SOC Investment Group, a shareholder in Amazon, Walmart, and Alphabet, is pushing for a report on the financial impact of Trump's H-1B visa crackdown.
The group owns millions of shares in these companies and wants to know how the new $100,000 fee on H-1B visas is affecting their operations and supply chains.
Amazon, Walmart, and Alphabet are among the top sponsors of H-1B visas, which are crucial for hiring skilled foreign workers.
Trump's administration has introduced stricter immigration policies, including a massive fee on new H-1B petitions, impacting these companies' ability to hire.
The shareholder group has threatened legal action if the companies do not comply with their request, but Trump's recent executive order may make it easier for the companies to reject the proposal.
- Who
- SOC Investment Group, Amazon, Walmart, Alphabet, US President Donald Trump
- What
- Shareholder requests financial impact report on H-1B visa crackdown
- When
- Recent, with specific actions in September and October 2024
- Where
- United States
- Why
- To understand the financial and operational impact of Trump's H-1B visa policies on major companies
- Shareholder Group
- SOC Investment Group
- Companies Involved
- Amazon, Walmart, Alphabet
- H-1B Fee
- $100,000
- Amazon H-1B Approvals (2025)
- 10,044
- Walmart H-1B Approvals (2025)
- 478
- Google H-1B Approvals (2025)
- 1,050
- Trump Executive Order
- Targets proxy advisors