Investor Group Queries Amazon, Walmart on H-1B Visa Impact

Concerns Over Immigration Policy Effects

The SOC Investment Group, an investor collective with ties to labor unions, has written to major US corporations including Amazon, Walmart, and Alphabet, seeking clarification on how President Donald Trump's immigration policies, particularly regarding H-1B visas, might affect their financial performance and supply chain operations. This move comes as the administration's stance on immigration continues to be a point of contention.

Details of the Investor Action

The letters, sent on Wednesday, December 17, 2025, demonstrate the group's concern over the potential ramifications of stricter immigration policies on these companies' operations. Despite holding a relatively small stake of less than 1% in each of the companies, the SOC Investment Group is using its influence to prompt transparency regarding the potential risks associated with the current immigration climate.

Implications for Corporate Operations

The request for information highlights the growing unease among investors about how changes in US immigration policy, specifically the administration of H-1B visas, could impact major corporations. These visas are crucial for tech and other industries that rely heavily on foreign talent. The outcome of this inquiry could reveal the level of preparedness among these companies to mitigate risks associated with policy changes.