ADBE · News · 20261010N

Regulatory Risk

ADOBE INC. · 2026-10-10 · Importance 44 · Surprise 60 · In source text

The U.S. government suspended Adobe’s participation in the Permanent Labor Certification (PERM) program, a key route for sponsoring skilled foreign workers for U.S. permanent residency. The suspension affects Adobe and several other technology companies, including Microsoft, Infosys, Tata Consultancy Services, Wipro, HCL Technologies, Cognizant, and Capgemini. Third-party reporting links the action to potential risks for Adobe’s AI-focused growth plans, particularly its ability to recruit and retain specialized foreign talent, although no financial impact or resolution timeframe was reported.

Key facts

Adobe is facing suspension from the U.S. Permanent Labor Certification Program. source
The U.S. government announced the suspension affecting several major technology and IT services firms, including Microsoft, Adobe and Capgemini. source
Adobe's 1-year total shareholder return dropped 28.22%. source

Impact estimates

metric	direction	stage	expected	basis
operating_income	negative	contingent	—	Adobe is facing suspension from the U.S. Permanent Labor Certification Program.