Infosys job cuts. OpenAI revised its Ghibli .

Infosys job cuts. Sources told MoneyControl that MeitY is keeping a May 10, 2017 · Find Infosys Cuts Jobs Latest News, Videos & Pictures on Infosys Cuts Jobs and see latest updates, news, information from NDTV. Can India’s other IT majors avoid layoffs amid AI disruption and weak demand? Feb 12, 2025 · Infosys Layoffs, Pay Hikes, and Expansion: Key Updates by gauravsinghigc Tags : Infosys layoffs, Infosys pay hike, IT sector job cuts, workforce expansion, tech industry updates, corporate restructuring, employment trends | Published at : 12 Feb 2025 02:05 AM | Author : Gaurav Singh (gauravsinghigc) Infosys has announced layoffs, pay hikes, and expansion plans as part of its latest business May 27, 2024 · Infosys CEO Salil Parekh has confirmed that the company has no plans for job cuts, such as rightsizing or downsizing, due to the adoption of generative AI (GenAI). Here are the details. Check eligibility, interview process, and tips to crack Digital Specialist Engineer roles. Find Infosys Layoffs Reason, Infosys Employee Count, Infosys Workforce, Infosys Job Cuts and more. Infosys Aug 1, 2025 · In a surprising twist in India’s IT industry, Infosys and TCS – two of the biggest names in the sector – are moving in opposite directions when it comes to hiring. Infosys, meanwhile, said clearing the internal assessment for continued employment is a Feb 7, 2025 · Infosys has laid off about 350 employees, who were taken on board in October 2024 following more than two and half years of wait after getting their offer letters, according to people familiar with the matter. Addressing concerns about potential layoffs due to AI adoption, Parekh stated, “No, we are not doing any of that. Sep 9, 2025 · Experts warn that this is just the beginning—up to 500,000 jobs in India’s IT sector could be at risk over the next 2–3 years due to AI and automation. Apr 20, 2025 · In a troubling repeat, IT giant Infosys is again under fire as NITES files a second complaint in a month and a half, this time for another round of unlawful lay-offs of 370 trainees. Strategic investments in AI and reskilling initiatives have enabled the company to maintain a competitive edge. 📲 Infosys Layoffs: Job Cuts Continue As IT Giant Lays Off Another 45 Trainees From Mysuru Campus, Offers Them Training for Potential Roles in BPM Industry. As reported by CNBC, Infosys is focusing on expansion, both in Apr 21, 2025 · Infosys layoffs 240 trainees: What happened, why, and what’s next? Infosys lays off 240 trainees after internal test failures. In Infosys lays off 195 more trainee jobs in Mysuru as the fresh recruits failed to clear the internal test. The reason is reportedly because they failed the evaluation Mar 27, 2025 · Infosys has terminated 45 more trainees after previously laying off 350 employees. So far in 2025, there have been 533 layoffs at tech companies with 144,926 people impacted (551 people per day). Given this backdrop, the approach by Infosys reflects a stringent but standard protocol that prioritizes high-quality service and talent—a common industry practice for over two decades. BENGALURU: TCS's recent decision to lay off over 12,200 employees (its biggest job cuts) sparked concern across the IT industry, raising questions about workforce stability and future hiring. This marks the second such layoff in recent months. While AI enhances automation and insights, it necessitates advanced skills. NITES has claimed that the new employees who have been fired are being made to sign a confidentiality agreement. Feb 7, 2025 · Indias second-largest IT company in terms of market value, Infosys has likely terminated somewhat 700 trainees from its Mysuru campus. Out of 930 trainees who joined on October 7, only 160 passed on their first attempt Jul 28, 2025 · After Tata Consultancy Services (TCS) announced plans to cut its global workforce by 2%, impacting around 12,000 employees, IT stocks came under pressure on the stock exchanges. Explore more on Infosys Job Cuts. Apr 23, 2025 · The wave of layoffs in the tech industry continues to make headlines, with Infosys and other major companies downsizing their workforce amid challenging economic conditions and structural shifts May 27, 2024 · Infosys CEO Salil Parekh reassured that the company has no plans to cut jobs, despite significant layoffs in the tech industry due to advancements in generative AI (GenAI). Speaking to Jul 30, 2025 · TCS layoffs rattle IT sector: Infosys rules out job cuts; focuses on freshers and AI reskilling May 23, 2024 · Infosys is not considering rightsizing, downsizing, or any job cuts due to generative AI, CEO Salil Parekh confirmed in an exclusive interview with CNBC-TV18 on May 23. The phrase “Infosys layoffs employees” is now trending on social media, stirring a blend of fear, speculation, and analysis. These trainees will receive counselling and outplacement services, with the option of a 12-week external training programme in Business Process Management. Jul 31, 2025 · Parekh also confirmed that Infosys is still planning on hiring 20,000 freshers by the end of the fiscal year 2025-2026 (FY26). Apr 19, 2025 · Infosys has recently announced major job reductions, a decision that has rippled through India’s IT sector, sparking widespread concern and debate from corporate boardrooms to everyday conversations. Jul 30, 2025 · Infosys CEO Parekh says firm to continue its hiring plans even as rival TCS cuts jobs: Report Salil Parekh said the company is focused on its reskilling program with around 275,000 already trained Jul 29, 2025 · India's Layoff Wave: What's Fueling Job Cuts Despite Growth? TCS laid off over 12,000 employees, while Infosys has drastically slowed down fresher onboarding and Wipro is also trimming roles in a Aug 16, 2017 · Find Infosys Job Cuts Latest News, Videos & Pictures on Infosys Job Cuts and see latest updates, news, information from NDTV. Jul 28, 2025 · Indian IT stocks reacted mixed to the TCS job cuts buzz on Monday, July 28, with Infosys, Wipro, HCL Tech and Tech Mahindra shares trading in red. Infosys hired the distant second-highest number at 348,596 in FY25, followed by Wipro at 235,415 Mar 30, 2025 · This week saw significant tech updates, including Apple's announcement of the 2025 WWDC event dates and job cuts across major companies like Infosys, IBM, and Boeing. Job additions across the top six Indian IT firms fell over 72% in the April–June quarter, with Feb 7, 2025 · IT sector job cuts: Infosys said in an official statement, 'Clarifying that the number is just above 300 and we have not forcefully terminated anyone. This move has caused a ripple of reactions, both from within the corporate Aug 27, 2024 · Infosys CEO Salil Parekh says the company is embracing Generative AI, with no plans for job cuts or downsizing. “Infosys is not looking at Contrary to the firing spree amongst tech giants, Infosys is planning to bring nearly 20,000 freshers on board. India’s second-largest IT services company, Infosys had onboarded about 1,000 3 days ago · Latest layoffs across big tech, tech unicorns, and startups. Infosys, however, has ruled out layoffs for now, sticking to its goal Feb 11, 2025 · The recent layoffs at Infosys have put the spotlight on the company and the broader IT industry. Cloud and GenAI platforms, aiming to transform from staffing model to IP-led AI solutions for long-term growth. Jul 30, 2025 · TCS’s 12,000 job cuts have raised pressure on Infosys and Wipro. What does this mean for large-cap IT Nov 22, 2024 · The layoffs this year suggest that companies are cutting in more targeted areas—even as some of the biggest tech companies have continued to grow, adding more jobs than they’ve cut. Jul 27, 2025 · - TCS cuts 12,000 jobs (2% of workforce) to optimize costs amid AI-driven industry shifts, signaling broader sector trends. In recent months, Tata Consultancy Services (TCS) announced a cut of about 2 per cent of its workforce (over 12,000 jobs), while Infosys has drastically slowed down fresher onboarding. May 28, 2024 · Infosys CEO Salil Parekh confirms no layoffs due to generative AI, emphasizing workforce training and growth. In 2025, the global tech industry has witnessed a significant wave of layoffs, with over 100,000 jobs cut across Infosys CEO Salil Parekh has assured no job cuts, confirming plans to hire approximately 20,000 graduates this year. May 28, 2024 · Infosys CEO Salil Parekh has announced that the company has no plans to cut jobs, even as the tech industry faces widespread layoffs. Feb 7, 2025 · Major tech firms have seen significant job cuts as part of broader cost-cutting measures, influenced by post-pandemic readjustments and economic uncertainties. Reuters Jul 30, 2025 · Infosys has no plans for mass layoffs, its CEO Salil Parekh confirmed in an interview with the Times of India, a stance that stands in sharp contrast to the recent workforce cuts at competitors Feb 9, 2025 · Infosys Job Cut: Tech company Infosys has shown the way out to about 700 freshers. Feb 17, 2025 · What is next for the freshers whose careers Infosys allegedly cut short before they even began Infosys job termination row: Union govt directs Karnataka labour department to investigate the employment termination of around 350 freshers after a complaint by an IT employees’ union Nov 21, 2024 · Leading US companies, including Google, Amazon, Infosys, and IBM sponsored fewer H-1B visas in 2024, according to data from the United States Citizenship and Immigration Services (USCIS). 3%. Affected trainees have been offered alternative career paths May 24, 2024 · Infosys has not considered any form of job cuts, such as rightsizing or downsizing, as a result of adopting generative AI (GenAI), CEO Salil Parekh told CNBC-TV18. In a Sep 10, 2025 · Infosys CEO Salil Parekh has assured that the company has no intentions of implementing job cuts, including rightsizing or downsizing, due to the adoption of generative AI (GenAI). While Tata Consultancy Services (TCS) is reportedly cutting 12,000 jobs, Infosys is ramping up its hiring plans with 20,000 freshers expected to be onboarded. But the longer-term plan is the most important question. TCS, Infosys, LTI-Mindtree, Tech Mahindra, and Mar 27, 2025 · Infosys layoffs have affected 40-45 trainees who failed the company’s final internal assessment. Infosys has laid off 30-45 trainees at its Mysuru campus after they failed evaluation tests, continuing from a similar cut in February. 8% and involuntary attrition, meaning those who are asked to leave for performance and value mismatches, is at 1. Jul 30, 2025 · As TCS announces 12,000 job cuts, Infosys CEO Salil Parekh strikes a different tone. May 27, 2024 · Infosys CEO Salil Parekh told CNBC-TV18 that the company has no plans to downsize or cut jobs, a notable stance in an industry witnessing significant layoffs due to advancements in generative AI (GenAI). Feb 22, 2024 · A recent report by the Mint revealed that in just one year, 4 IT giants - Infosys, TCS, Wipro and Tech Mahindra - laid off over 67,000 employees. TCS’s decision to lay off over 12,000 staff has sent ripples through India’s IT sector, raising fears of wider job losses. Infosys’ steadfast commitment to job security, talent development, and technological innovation positions it as a trailblazer in the evolving tech landscape. Feb 27, 2025 · Infosys Layoffs: Centre intervenes again after NITES’ latest claims, company dismisses allegations The Union Labour Ministry also directed the Karnataka Labour Commissioner to submit a detailed May 30, 2024 · Top Indian IT companies report job cuts in FY 2023-24 due to economic slowdown, automation, restructuring, and decreased discretionary spending. Out of the affected, nearly 250 opted for a training program UpGrad, and NIIT upskilling Jul 28, 2025 · TCS is reportedly planning its biggest-ever layoff of 12,000 employees over the next 12 months, sparking concerns about AI-led job cuts in the IT sector. - Rivals like Infosys adopt similar cost controls, with labor costs now 60% of TCS revenue, driving systemic restructuring. In 2024, there were 1,107 layoffs at tech companies with 237,666 people impacted. 📲 Infosys Cut Hiring by 46% in Fiscal Year 2023, Reduces Headcount by 3,611 Employees While Resisting Layoffs. The trainees were dismissed after failing to pass internal assessments in three attempts. What does this mean for large-cap IT Sep 11, 2025 · Infosys resumes campus hiring in 2025 with 15,000 fresher jobs. In response, the IT giant is offering support through upskilling programs, outplacement services, and sponsored Feb 17, 2025 · The dramatic layoffs of nearly 400 trainees at Infosys are the first clear warning that Artificial Intelligence (AI) is going to eat up middle class white-collar jobs in India. Infosys, one of India's leading IT services companies, recently terminated over 300 trainees, a decision purportedly based on their failure to clear internal assessments. Instead, the company is focusing on integrating new Jul 23, 2025 · Infosys remains cautiously optimistic amid global economic headwinds. , move set to affect… In a major move, Narayana Murthy's Infosys has laid off 40–45 more trainees out of Jul 3, 2025 · Following 9,000 layoffs at Microsoft, Xbox hiring post generates new controversy. Demand for tech talent has dropped, leading companies to delay hiring decisions and focus on internal talent and AI integration. Infosys shares closed 0. OpenAI revised its Ghibli Find Infosys Job Cut Latest News, Videos & Pictures on Infosys Job Cut and see latest updates, news, information from NDTV. Jul 30, 2025 · BENGALURU: TCS's recent decision to lay off over 12,200 employees (its biggest job cuts) sparked concern across the IT industry, raising questions about workforce stability and future hiring. Strategic investments in AI and reskilling initiatives have enabled the company TCS layoffs rattle IT sector: Infosys rules out job cuts; focuses on freshers and AI reskilling. Feb 11, 2025 · "Truly Heartbreaking": Infosys Mass Layoffs Leave Trainees Devastated, Internet Furious Social media erupted with outrage as netizens shared their shock and sympathy for the affected employees Feb 11, 2025 · Job cuts at Infosys! Over 700 employees laid off as the company reshapes its workforce. While painful for those affected, the company’s move signals a broader industry evolution—one where legacy roles give way to agile, tech-centric positions, and upskilling alone may not guarantee employability. - TCS pivots to AI. Parekh elaborated on his vision for large organisations, emphasising that various technologies, including generative AI, will coexist. We've been very clear that that's not the approach. The decision to terminate around 490 trainees at their Mysuru campus due to failed assessments has sparked significant debate over workplace practices and assessment criteria. Feb 14, 2025 · In a shocking development, Infosys, one of India’s largest IT services companies, has reportedly terminated around 700 trainees who were onboarded in October 2024. Also find news Mar 28, 2025 · Infosys has laid off 45 more freshers from its Mysuru campus for failing 'Foundation skills training program', offering one-month salary, job placement support, and a 12-week BPM training programme. Infosys job cuts News: Latest and Breaking News on Infosys job cuts. Nov 2, 2023 · Job cuts can lead to a deteriorating work environment, reduced trust in management, and decreased motivation among remaining employees. Jul 30, 2025 · Infosys confirmed plans to hire thousands, even as the IT sector stares at a spate of layoffs. In Jul 30, 2025 · Infosys CEO Salil Parekh has assured no job cuts, confirming plans to hire approximately 20,000 graduates this year. Find TCS Layoffs Reason, TCS Employee Count, TCS Workforce, TCS Job Cuts and more. ) Jul 16, 2024 · Truist to cut tech jobs amid restructuring The bank will make an undisclosed number of cuts over the next three to four months and help affected employees in finding other opportunities. Infosys, however, has ruled out layoffs for now, sticking to its goal Infosys confirmed plans to hire thousands, even as the IT sector stares at a spate of layoffs. Information technology behemoth Infosys today came down heavily on reports suggesting that the company was in the process of laying off over 400 trainees after their failure to pass evaluation tests. The company cited their inability to clear internal assessments as the primary reason for the layoffs. The termination at the company’s Mysuru Campus drew massive flak online for the ruthless announcement to the prospective employees. Feb 11, 2025 · Infosys laid off around 700 freshers at Mysuru campus on February 7, 2025. With strong demand for AI-enabled transformation, a disciplined training process, and steady hiring momentum, the company is positioning itself for sustainable growth through FY26. However, the midcap IT stocks are unfazed despite Oct 17, 2024 · Infosys boosts headcount by 2,456 in Q2, reversing earlier staff cuts Infosys CFO said that the company intended to hire 15,000 to 20,000 employees in FY25 Feb 8, 2025 · Mass layoffs at Infosys as company terminates 700 freshers over Infosys laid off nearly 700 freshers in Mysuru, citing assessment failures, while NITES accused the company of unfair treatment. The decision came after the trainees were unable to meet the standards set by the company's internal "Generic foundation training program," despite undergoing numerous attempts and receiving additional support Feb 7, 2025 · Infosys layoffs: At least 300 freshers sacked for failing internal assessments Nascent Information Technology Employees Senate (NITES) said the number of Infosys employees affected by termination was well over 300 May 28, 2024 · Infosys CEO Salil Parekh confirms no layoffs due to generative AI, emphasizing workforce training and growth. Apr 18, 2025 · Infosys Trainee Layoffs: The company, in the termination email sent to the affected trainees, is offering free upskilling programs through partnerships with NIIT and UpGrad, extending this opportunity to those dismissed in February as well. TCS is reportedly planning its biggest-ever layoff of 12,000 employees over the next 12 months, sparking concerns about AI-led job cuts in the IT sector. “We recruited over 17,000 people (gross hiring) in the first quarter and plan to bring in about 20,000 college graduates this year. Aug 22, 2016 · Two disappointing quarterly results and cancellation of a major contract with Royal Bank of Scotland has led software giant Infosys to cut jobs of as many as 500 employees. As the company navigates through industry shifts and economic dynamics, its focus on fostering expertise in GenAI and rewarding employee contributions reflects a forward-thinking approach. Shares of largecap IT companies slid on Monday, with Wipro and Infosys falling up to 3%, after Tata Consultancy Services (TCS) said it would cut 2% of its global workforce, around 12,000 employees Apr 29, 2025 · Infosys, India’s second-largest IT services firm, has terminated 195 trainees after they failed to clear internal assessments, according to company emails, as per a Business Standard report. Employees report confidentiality agreements and forced exits. . Welfare of Laid-Off Workers The social costs of layoffs extend beyond the workplace. The broader IT industry has also shown signs of stress. The report further reveals that while Infosys laid off 24,182 employees, Wipro handed the pink slip to 21,875 employees. Parekh tells Shereen Bhan, Infosys hired over 17,000 in Q1 & plans to recruit 20,000 graduates this year. Jul 28, 2025 · The job cuts follow legal complaints over TCS’s recently revised “bench policy,” which allows only 35 annual days for employees to remain unassigned before performance-related action and mandates a minimum of 225 billable days annually. Feb 11, 2025 · In a shocking and controversial move, multinational tech giant Infosys laid off an estimated 400 trainee employees from their Mysuru training facility on Friday Aug 8, 2025 · Amid TCS layoffs, experts believe that margin pressure and rapid increase of AI will push for further layoffs. TCS’s recent decision to lay off 12,200 employees sparked concern across the IT industry, raising Jul 28, 2025 · Jefferies flags near-term execution risks for TCS from 2% job cuts; prefers Infosys, HCLTech, Coforge, and Mphasis 660 likes, 8 comments - cnbctv18india on July 30, 2025: "As TCS announces 12,000 job cuts, Infosys CEO Salil Parekh strikes a different tone. Jul 31, 2025 · Contrary to the firing spree amongst tech giants, Infosys is planning to bring near to 20,000 freshers onboard. Jan 11, 2024 · What is the future of Infosys? Infosys’s immediate task is to reduce the impact of the job reduction on employee morale and negative publicity. The recruits who joined the firm in October 2024 were suddenly BENGALURU: TCS's recent decision to lay off over 12,200 employees (its biggest job cuts) sparked concern across the IT industry, raising questions about workforce stability and future hiring. Instead, Infosys is actively recruiting and expanding its workforce, focusing on developing AI expertise and becoming an AI-first organization, to drive business growth and augment human capabilities. With nearly 800 trainees already affected, the wave of layoffs has sparked public outrage and raised questions about Infosys’s training and assessment practices. Jul 3, 2025 · Infosys cuts 240 jobs Infosys has reportedly let go of 240 entry-level employees after they were unable to clear the company’s internal assessments. Parekh tells Shereen Bhan, Infosys hired over 17,000 in Q1 & plans to re Jan 23, 2023 · This tracker helps stay informed about which organizations have announced layoffs and job cuts since the start of 2023. - AI adoption May 23, 2024 · For Infosys, the ongoing view is expansion over the years, both in terms of clients and number of employees, CEO Salil Parekh said in an exclusive interview. Apr 21, 2025 · Indian IT giant Infosys laid off some 700 trainees after they failed multiple internal assessments. In an interview with CNBC-TV18, he said that Infosys will not follow the trend of Apr 29, 2025 · Infosys Layoffs: IT major Infosys reportedly cut another 195 trainee jobs in Mysuru, from a batch of 680 people, after the new recruits failed to clear the internal assessment, according to a Aug 3, 2025 · Statsguru: Has TCS's job cut signal set the tone for the IT industry? TCS employed the highest number of workers in FY25, at 636,833 employees. He highlights AI, cloud & cost efficiency as key growth drivers, denying any plans of workforce rationalisation #Infosys #JobCuts #TCS #Layoffs # Feb 7, 2025 · India’s second-largest IT services company, Infosys, has come under fire for terminating around 400 trainees at its Mysuru campus. Feb 7, 2025 · IT services company Infosys has laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments after three attempts, according to sources. In Krithivasan’s words: Feb 27, 2025 · Campus extension In January, Infosys and the Telangana government agreed to expand the company’s IT campus at Pocharam, creating an additional 17,000 jobs. Fresher hiring, once a pipeline for young talent, has plummeted to its lowest levels in years. Jul 28, 2025 · Major Indian IT companies are reducing jobs or slowing hiring — even though their revenues are stable or increasing. TCS Layoffs: Get the latest TCS layoffs news on The Economic Times. Explore more on Infosys Cuts Jobs. COM. IT services Jul 30, 2025 · TCS layoffs rattle IT sector: Infosys rules out job cuts; focuses on freshers and AI reskilling Feb 9, 2025 · Infosys layoffs 700 freshers: Following the recent mass layoffs of around 700 freshers, a formal complaint against Indian IT giant Infosys has been filed. In Infosys CEO Salil Parekh stated that the company does not plan to alter its hiring plans for the current financial year and will continue to make strategic investments in its workforce to equip Jul 4, 2017 · At Infosys, Shankar said, attrition is at 13. In February, Infosys let go of 320 Infosys Layoffs: Indian IT major Infosys Limited is in the process of cutting 400 trainee jobs after these new joiners failed three consecutive attempts at the evaluation tests, reported the news Infosys CEO Salil Parekh said that the company has no plans to cut jobs amid layoffs in the tech industry. Apr 18, 2025 · Infosys Layoffs: Overview and Background Infosys, a leading name in India's tech industry, recently found itself in the spotlight following the layoff of 240 trainees from its workforce. 📲 Infosys Layoffs: ‘Forced Out of Campus With INR 25,000 Compensation’, Trainee Employees Fired From Mysuru Facility Allege Intimidation Amid Reports of More Job Cuts. Feb 8, 2025 · Infosys Lays Off Over 300 Freshers, See What Happened The firm informed that these layoffs were triggered by internal qualifying tests, which freshers need to clear after their foundational training at the Mysuru campus. In fact, others in the industry have done that. Infosys Feb 7, 2025 · Infosys lays off over 300 freshers who failed internal assessments, sparking union backlash and threat of official complaint. This cautious approach reflects global economic uncertainty, tariff-related trade tensions, and the rise of automation. In a recent interview BENGALURU: TCS's recent decision to lay off over 12,200 employees (its biggest job cuts) sparked concern across the IT industry, raising questions about workforce stability and future hiring. ' Mar 27, 2025 · Recession and advancement of Artificial Intelligence, Several major companies have recently announced job cuts, including IBM, Boeing, Infosys, CNN, Dropbox, Block, Adidas, and BlackRock. TCS, once seen as the IT equivalent of a stable government job, has now joined the list of tech giants announcing significant workforce reductions. This marks the third round of trainee layoffs by the company in 2025. The Indian tech giant plans to hire 20,000 fresh Apr 26, 2025 · Infosys has terminated 240 entry-level employees after they failed internal assessments, marking the second such layoff wave this year. According to the information, these people joined the company in October 2024. This cycle of negativity can have broader economic repercussions and hamper the recovery process. The assurance comes amid a larger wave of layoffs in the tech industry, driven by advancements in Generative AI (GenAI) and automation, leading many to speculate on the impact of emerging technologies on Jul 31, 2025 · Infosys’ announcement comes as a glimmer of hope for engineering graduates and job seekers, amid widespread layoffs across the tech sector. Back in February 2025, over 300 freshers were let go under similar circumstances. The decision was reportedly made after the freshers failed internal evaluation tests three consecutive times. Apr 14, 2023 · Infosys witnessed a 40% plus fall in net hiring during the fiscal year 2023 vis-a-vis fiscal year 2022. The H-1B visa, crucial for international students and skilled foreign nationals, allows employment in the US for May 21, 2025 · Infosys Layoffs: IT major Infosys reportedly cut another 195 trainee jobs in Mysuru, from a batch of 680 people, after the new recruits failed to clear the internal assessment, according to a Moneycontrol report citing emails dated April 29. BENGALURU: The recent job cuts in the technology sector have been largely blown out of proportion, said Krishnamurthy Shankar, group head Feb 7, 2025 · Infosys debunks layoff claims, insists its hiring process ensures only the best survive. Explaining this in the email, the tech firm stated that these programs are designed to "prepare for potential roles in the BPM industry" or to continue Jul 30, 2025 · BENGALURU: TCS's recent decision to lay off over 12,200 employees (its biggest job cuts) sparked concern across the IT industry, raising questions about workforce stability and future hiring. May 23, 2024 · Salil Parekh, CEO, Infosys, confirmed that the company is not planning any rightsizing, downsizing, or job cuts in response to the adoption of generative AI, unlike some other industry players. Despite challenges, the company supports affected employees with upskilling and plans to hire 20,000 freshers in FY26. Jul 31, 2025 · Infosys boosts hiring and focuses on AI and cloud, while TCS reduces workforce by 2%. He Feb 7, 2025 · Infosys Layoffs: The IT major is reportedly in the process of laying off 400 recruits in Mysuru after new joiners fail evaluation tests. “All freshers get three attempts to clear the assessment, failing which they will not be able to continue with the organization, as is also mentioned in their contract. This and more in today's ETtech Top 5. ” Parekh Feb 28, 2025 · The recent layoffs at Infosys have stirred significant attention within the tech industry, with Nasscom stepping forward to defend these actions. Jul 30, 2025 · India Business News: The recent TCS layoffs affecting over 12,200 employees have raised concerns in the IT industry. While Infosys claims to have given the affected trainees three opportunities to pass their assessments, this has been Apr 19, 2025 · TCS, Infosys, and Wipro collectively cut over 63,000 jobs in FY24, with 12,000 reductions in Q4 alone. For the full year (FY2023), the net hiring number at Infosys stood at 29,219, down 46% from the 54,396 employees hired by the company over the whole of FY2022. In a contrasting move, Infosys commits to hiring 20,000 freshers while The wave of layoffs in the tech industry continues to make headlines, with Infosys and other major companies downsizing their workforce amid challenging economic conditions and structural shifts Infosys Layoffs: Get the latest Infosys Layoffs news on The Economic Times. These agressive job cuts are Apr 29, 2025 · Infosys has laid off 195 more trainees from its Mysuru campus, making it the fourth round of cuts since early 2025. Feb 10, 2025 · Trainees Cry after Infosys Layoffs: Stringent changes to the training test have led to a sharp rise in failure rates at Infosys. Jul 28, 2025 · The TCS job cut has sparked outrage of employees union and is also on the radar of Ministry of Electronics and Information Technology (MeitY). Explore more on Infosys Job Cut. 75 in Jul 30, 2025 · Infosys CEO Salil Parekh says the company will hire 20,000 freshers this year and invest in AI-led reskilling, amid TCS layoffs impacting 12,000 employees. Feb 8, 2025 · Infosys on Friday terminated around 700 trainees it had hired from campuses and off-campuses two-and-a-half years ago but onboarded last October, terming that they failed to clear an internal assessment programme, according to several affected people and an organisation that works with IT employees. In an interview with CNBC-TV18, Parekh emphasized that Infosys will not follow the trend of downsizing. Infosys confirmed plans to hire thousands, even as the IT sector stares at a spate of layoffs. However, the situation has sparked outrage, with Jul 3, 2025 · Microsoft, Google, Intel, Infosys Layoffs: The global technology sector has been hit hard in 2025, with more than 100,000 employees laid off by some biggest companies. This process has been in existence for over two decades and ensures a Jul 28, 2025 · The planned job cuts at TCS reflect a strategic workforce transformation rather than short-term cost-cutting. In contrast, Infosys CEO Salil Parekh offered a measured response, explaining how the company managed to stay slightly ahead by making strategic investments in AI and reskilling its workforce. Explore Infosys job cuts profile at Times of India for photos, videos and latest news of Infosys job cuts. CEO Salil Parekh sees strong demand and digital growth ahead. ( Originally published on Feb 08, 2025 ) (Catch all the Budget 2024 News, Events and Latest News Updates on The Economic Times. What are other IT firms HCL, Infosys, and Wipro, planning on? Contrary to the firing spree amongst tech giants, Infosys is planning to bring nearly 20,000 freshers on board. Mar 27, 2025 · Infosys layoffs: Bad news for Infosys employees as Narayana Murthy’s company fires…. Will Infosys stick to its current course of workforce optimization and cost-cutting, or will it make investments in talent acquisition and upskilling to ride out the automation wave and hold Aug 1, 2025 · At a time when job cuts and AI-driven restructuring dominate headlines across the global IT sector, Infosys has taken a bold, optimistic step. IT employee union NITES, however, said the number of freshers affected by the move was much higher As TCS announces 12,000 job cuts, Infosys CEO Salil Parekh strikes a different tone. Apr 19, 2025 · India's top IT firms, including TCS, Infosys, and Wipro, have slowed hiring despite a slight headcount increase in Q4 FY25. May 28, 2024 · With technological disruption and industry-wide layoffs, Infosys CEO Salil Parekh has reaffirmed the company’s commitment to maintaining its workforce without resorting to job cuts. Infosys previously let go of around 350 trainees in February. Despite these reductions, sectors like AI, fintech, and big data are expected to see growth by 2030. 69 per cent lower at ₹1,902. The announcement was made at the World Economic Forum in Davos. The move triggered a selloff in large-cap IT names, with shares of Infosys Ltd and Wipro Ltd falling as much as 3% in Monday’s trade. xaou wdlura zfs ptxofs wfp rmw gbt vqum guiye kwda