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  • Infosys layoff 2009 - one more time?

    Kaustubh Katdare

    Kaustubh Katdare

    @thebigk
    Updated: Oct 22, 2024
    Views: 959
    We just got the news that Infosys is laying off its employees once again. This time, about 5-10% of the workforce may be laid off.

    Its being said that the layoffs are being done under the name of under performance. Any Infosys insiders here who can keep us updated with the latest news?
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  • sarveshgupta

    Member • Dec 1, 2009

    What!
    5-10% is a big number

    Why so when the company's performance is improving

    It is reporting better than the street expected numbers for the last couple of quarters

    I wonder if under performance is the real reason behind it.
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  • Anil Jain

    Member • Dec 1, 2009

    Only one word to explain the situation of Infosys, HORRIBLE !!!

    Most probably they are not out of the recession zone yet, thats why they are trying to increase their profit, by cutting down their enormus work force (man power)

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