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Infosys layoff : 4,500 employees?

This is a discussion on Infosys layoff : 4,500 employees? within the CE - InFocus forums, part of the CE : Lounge category; CEans, I just got the news that Indian IT Major, INFOSYS has shown pink slip to 4,500 employees. Can someone ...

  1. #1
    Good Administrator The_Big_K's Avatar
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    Thumbs down Infosys layoff : 4,500 employees?

    CEans,

    I just got the news that Indian IT Major, INFOSYS has shown pink slip to 4,500 employees.

    Can someone confirm the news? I hope its a rumor!

    {Updated April 2009}: We have ex-infoscions confirming the news. It's being said that the layoffs in Infosys have started from Feb 15, 2009. Read here: Infosys layoff : 4,500 employees?
    Last edited by The_Big_K; 13th April 2009 at 11:52 AM.
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    CEan - Value Adder kidakaka's Avatar
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    Default Re: Infosys layoff : 4,500 employees?

    It's misinformation Biggie, Satyam laid of 4500 employees, and that due too the recent financial giants Lehman Brothers and Merill Lynch crumbling down.

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    Default Re: Infosys layoff : 4,500 employees?

    Is it? My friend's roomie got fired along with lots of other employees. Anyone from Infosys can confirm the news, please?
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    Default Re: Infosys layoff : 4,500 employees?

    Check this link, its a misinformation.

    http://sify.com/finance/fullstory.php?id=14608194

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    Smile Re: Infosys layoff : 4,500 employees?

    Quote Originally Posted by kedarjk View Post
    Check this link, its a misinformation.

    http://sify.com/finance/fullstory.php?id=14608194
    Article Date, sire! - Thursday, 21 February , 2008, 10:25

    That's an old news!
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    Default Re: Infosys layoff : 4,500 employees?

    Oops sorry, i missed that.

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    Default Re: Infosys layoff : 4,500 employees?

    Infy information is I think wrong. They might have fired few employees. but 4500 is a big figure. Moreover they were not involved with either Merrill Lynch or Lehman Brothers. And Satyam has not yet laid off, but they are going to do it in phases.

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    CE - Newbie althaf's Avatar
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    Default Re: Infosys layoff : 4,500 employees?

    No,Infosys is not layying off !am sure

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    Default Re: Infosys layoff : 4,500 employees?

    They are offering pay-cuts and paid leaves [half salary] options.
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    Default Re: Infosys layoff : 4,500 employees?

    Sad but true..

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