 "Infosys")
Infosys on Friday said involuntary attrition went up in the June quarter, leading to higher number of employee exits. Experts said this was perhaps the first time when the company admitted of laying off some employees. The Bengaluru-based firm, however, didn't provide the gross additions of employees.
“Attrition was higher than where we wanted it to be. There is a seasonality element to it as Q1 historically has seen higher attrition because people opt for higher education. In addition to that, we have also seen higher percentage of involuntary attrition as well,” said Infosys Chief Operating Officer UB Pravin Rao.
The company
