Page 14 - Infosys

Infosys denies forced layoffs in Mysuru, says cooperating with labour dept

IT services company Infosys on Wednesday said it did not use force or intimidation tactics when it laid off trainees at Mysuru campus over performance-related issues, and that it was explaining the circumstances to the labour department authorities. In an interview to PTI, Shaji Mathew, Chief Human Resources Officer at Infosys, however, conceded that assessment failure percentages this time around have been "slightly higher" than in the past but dismissed charges that the tests had been designed for failure. On whether the layoffs would severely dent Infosys' brand as the company goes out to campuses for FY26 hiring, he said that plans to hire 20,000 freshers for next fiscal are on track and they should have nothing to worry about as they will get one of the best corporate training. Responding to allegations that testing parameters, assessment criteria and syllabus were altered and intimidation tactics were resorted leading to the 300 plus terminations at Mysuru campus recently, ...

After recent layoffs, Infosys defers internal assessments for trainees

Close on the heels of an outcry over recent layoffs of more than 300 freshers in its Mysuru campus, Infosys has now postponed, by a week, internal assessments scheduled for trainees. The company has, however, asserted that the deferment is aimed at giving them additional time for preparation. IT employee union Nascent Information Technology Employees Senate (NITES), meanwhile, claimed that the assessment meant for 800 trainees was postponed due to its intervention, "unwavering fight against unfair layoffs", as well as government action. Countering this, Infosys, in a statement, said it had not received any requests from the government or external parties to postpone assessments. "We are deferring our assessments by a week to provide additional preparation time for our trainees," Infosys said. Last week, the Bengaluru-headquartered IT services company had laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments aft

Infosys to establish GCC for Lufthansa to drive digital transformation

The move shows how global airlines have been setting up GCCs in India over the last few years

Infosys mass layoffs: Centre orders Karnataka to take 'urgent action'

IT workers' labour body NITES filed an official complaint with the labour ministry after Infosys laid off more than 350 trainees at its Mysuru campus

Trainees in tears as Infosys mass firings leave their careers in limbo

Stringent changes to the training test have led to a sharp rise in failure rates at Infosys. Out of 930 trainees who joined on October 7, only 160 passed on their first attempt

Infosys lays off about 350 Mysore campus recruits; employees upset

Affected employees, who were being trained at the company's Mysore campus, told Business Standard that the entire layoff process was being handled harshly

Infosys faces backlash after 350 freshers are laid off for 'failing tests'

Labour rights group NITES announced plans to file a formal complaint with the Ministry of Labour and Employment against Infosys

'Law misused': Kris Gopalakrishnan responds to SC/ST Act case against him

Infosys co-founder says Karnataka High Court has stayed proceedings against him in case involving his work as chairman of Indian Institute of Science's council

Infosys to accelerate digital learning of tech firm Siemens AC with GenAI

As part of the collaboration, Siemens' My Learning World, a digital learning platform accessible anytime, anywhere, will leverage Infosys Topaz

Infosys co-founder, former IISc director booked under SC/ST Atrocities Act

The case was filed at Bengaluru's Sadashiva Nagar Police Station following directives from the 71st City Civil and Sessions Court

Can DeepSeek sparked AI sell-off dent Indian IT shares? Tech view here

Technical charts show that the large-cap IT stocks can fall up to 14% from present levels, while the Nifty IT index can shed another 6%.

Infosys co-founder Kris Gopalakrishnan among 18 booked under SC-ST Act

A case was registered against Infosys co-founder Senapathy Kris Gopalakrishnan, former IISc Director Balaram and 16 others under the Prevention of SC/ST Atrocities Act on Monday. The case was registered at the Sadashiva Nagar police station based on the directions of the 71st city civil and session court (CCH). The complainant, Durgappa, who belongs to the tribal Bovi community, was a faculty member at the Centre for Sustainable Technology at the Indian Institute of Science (IISc). He claimed that in 2014, he was falsely implicated in a honey trap case and subsequently dismissed from service. He further alleged that he was subjected to casteist abuse and threats. The other individuals accused in this case include Govindan Rangarajan, Sridhar Warrier, Sandya Vishwswaraih, Hari K V S, Dasappa, Balaram P, Hemalata Mhishi, Chattopadyaya K, Pradeep D Sawkar, and Manoharan. There was no immediate reaction from the IISc faculty or from Kris Gopalakrishnan, who also serves as a member of

Infosys to expand Pocharam Campus, creating 17,000 new jobs in Telangana

Infosys, which already employs over 35,000 people at its Pocharam campus, aims to complete the first phase of the expansion within 2-3 years

Accenture, TCS, Infosys, HCLTech top 2025 Brand Finance IT Services ranking

Indian IT players are expected to benefit significantly from renewed demand, further strengthening India's position as a critical player in the industry

Indian IT sector's talent management to evolve, says Infosys CTO at Davos

India's No.2 software services exporter is one of several IT companies that use 'pyramid' model - where a company employs highest number of staff at entry level, and fewer at each subsequent levels

Hard work a personal choice, no one can demand long hours: Narayana Murthy

These are issues one can introspect on, come to a conclusion, and do whatever they want, said Infosys co-founder Narayana Murthy about work-life balance

Infosys, TCS, Wipro: How to trade IT stocks post Q3 results; guide here

Technical charts show that HCL Technologies, TCS, Infosys and Tech Mahindra shares could fall up to 8% from here on; while, Wipro can potentially rally by another 11%. Check key levels here

Mcap of 6 most valued firms erodes by Rs 1.71 trn; Infosys, TCS lag

The combined market valuation of six of the top 10 valued domestic firms eroded by Rs 1.71 lakh crore last week, with IT majors Infosys and Tata Consultancy Services taking the biggest hit. Last week, the BSE benchmark lost 759.58 points or 0.98 per cent, and the Nifty declined by 228.3 points or 0.97 per cent. From the top 10 pack, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever and ITC faced a combined erosion of Rs 1,71,680.42 crore in their market valuation while Reliance Industries, Bharti Airtel, State Bank of India and Life Insurance Corporation of India (LIC) were the gainers. The valuation of Infosys tanked by Rs 62,948.4 crore to Rs 7,53,678.38 crore, the most among the top 10 firms. Infosys shares tanked nearly 6 per cent on Friday amid profit-taking after the announcement of the third quarter earnings. The market capitalisation (mcap) of TCS tumbled by Rs 50,598.95 crore to Rs 14,92,714.37 crore. Hindustan Unilever's valuation droppe

IT major Wipro plans to onboard 10,000-12,000 campus hires in FY26

TCS and Infosys have also announced plans to hire more freshers in the next financial year

From TCS to Infosys, December quarter IT results hint at a better FY26

While underlying growth continued to be weak in the quarter for most of the top players, what is giving confidence is the commentary that discretionary expenditure is coming back