Friday, 24 March, 2023

Infosys may fire thousands of employees at the middle, senior levels for cost-cutting: Report

<p>Infosys is reportedly removing 10 percent of the workforce, which comes around 2200 people in job level 6, i.e senior managers. The company further plans to lay off a 2-5 percent workforce in associate and mid-levels. This translates to around 4,000 to 10,000 people. On this action, Infosys said, &quot;As a high-performance organization, involuntary attrition is integral to a normal course of business and this should not be interpreted as any mass trimming across any level,&quot;</p>