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November 30, 2020
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Infosys goes the way of Cognizant, retrenchment of 10% employees

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  • Infosys is sorting into big numbers especially at senior and mid-level
  • About 2200 employees will be laid out from job level 6 (JL6) under layoffs
  • Infosys has 86,558 employees and a total of 1.1 lakh employees in the associate and middle band.
  • Top officials like AVP, VP, Executive Vice President will also be shown exit

 

IT giant Infosys is also walking the path of Cognizant. The company is doing mass layoffs. Sorting is happening in the same way as Cognizant is doing. The company is doing these layoffs, especially at the senior and mid-level. The company will exit 10% of its workforce.

About 2200 employees laid off from job level 6 (JL6) under this retrenchment. The company has a total of 30,092 employees in the JL6, JL7 and JL8 bands. Sources told our affiliate newspaper Times of India, the company will lay off 2-5 percent of its workforce at JL 3 and below.

Infosys doing retrenchment of 10% employees

That is, a total of 4000 to 10000 employees can be excluded at this level. Infosys has 86,558 employees and employs a total of 1.1 lakh employees in the associate and middle band.

Infosys is doing mass layoffs. Sorting is happening in the same way as Cognizant is doing. The company is doing these layoffs, especially at the chop and mid-levels. The company will exit 10% of its workforce.

The company has 971 officers in top positions. Top officials such as Assistant Vice President, Vice President, Executive Vice President will also be shown out. About 50 personnel may fare at this level.

Sources said that these layoffs are happening in a focused and targeted manner. Previously the company trimmed on the basis of performance, but this time the case is different and more people will be shown the way out.

“There is a need for complex skill staff in the industry at present and less staffing for traditional support services as a lot of work is being done by automation,” said Phil Float, CEO of HFS Research in the US.

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