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Infosys: HR News, Trends & Workplace Insights

Latest Infosys HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Infosys.

Updated on: Feb 2023
IT companies to layoff 2500 freshers who fail to screen tests
Industry

IT companies to layoff 2500 freshers who fail to screen tests

According to a mint report, IT services companies are to layoff 2500 freshers for failing screening tests. Recently, the top two IT-Major have sacked 1052 employees who failed to qualify for the internal tests. However, this is an indicator that there are concerning headwinds in the coming quarters. According to reports, the layoffs will be […]

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Infosys Study on Reskilling, Talent Diversity, Digital Tool Automation
Survey & Report

Infosys Study on Reskilling, Talent Diversity, Digital Tool Automation

According to the report, up to $1.4 trillion in revenue and $282 billion in new profit could be generated through digital tools automation, diversifying talent pool, and improving skills development amongst employees. Infosys, a global leader in next-generation digital services and consulting unveiled a global research report titled ‘Future of Work 2023’. The report highlights […]

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Infosys fires 600 freshers after they fail Internal Test
Layoffs

Infosys fires 600 freshers after they fail Internal Test

An Indian multinational information technology company, Infosys has fired 600 freshers after they fail an internal assessment test. Recently, Wipro also sacked 452 fresher employees due to poor performance. The company fired the employees after taking an internal test. However, the company also waived the training cost of Rs.75,000/- for the freshers. According to Business Today a […]

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TCS, Infosys, Wipro, HCLTech net employee addition drops by 93% in Q3
Industry

TCS, Infosys, Wipro, HCLTech net employee addition drops by 93% in Q3

India’s top four IT giants Tata Consultancy Services (TCS), Infosys, Wipro, and HCLTech net employees addition drops by 93% in Q3FY23. Infosys, HCL Tech, and TCS added 1,940 employees in Q3FY23. Total Addition These companies added 28,832 employees (freshers and lateral hires) in Q3FY23. On the other hand, the net addition has come down by 45% […]

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Infosys to Digitally Skill India through Infosys Springboard
Industry

Infosys to Digitally Skill India through Infosys Springboard

Infosys, a global leader in next-generation digital services and consulting announced that it has signed a memorandum of understanding (MoU) with the Jawaharlal Nehru Technological University – Kakinada (JNTU-K) to accelerate digital and life skills development across India through its online learning platform, Infosys Springboard. The platform is already delivering corporate-grade learning experiences by orchestrating closer educator-learner collaboration. […]

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HCLTech hires more than Infosys, TCS in Q3
Industry

HCLTech hires more than Infosys, TCS in Q3

An Indian multinational information technology services and consulting company, HCLTech announced its Q3 FY’23 results on January 12, 2023. HCLTech partnered with Purdue Global for providing upskilling and higher education opportunities for its apprentices and the company’s employees in the Americas. The company launched a new skilling & certification initiative to meet the career development […]

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Infosys attrition rate drops in Q3, to hire 50,000 freshers by FY23
Industry

Infosys attrition rate drops in Q3, to hire 50,000 freshers by FY23

An Indian multinational information technology company, Infosys has announced results for the third quarter that ended December 31, 2022, on Thursday, January 12, 2023. The company hired around 6,000 freshers in Q3FY23. In starting of FY23, Infosys had given a fresher hiring target of 50,000, and 40,000 of them are hired in the first half of the […]

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Cognizant appoints new CEO, replaces Brian Humphries
C-Suite Move

Cognizant appoints new CEO, replaces Brian Humphries

Cognizant has announced that its Board of Directors (“Board”) has named Ravi Kumar S as CEO and a member of the Board, effective immediately. He will succeed Brian Humphries in both roles. To facilitate a smooth transition, Humphries will remain with the Company as a special advisor until March 15, 2023. Ravi Kumar S joins Cognizant after a […]

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Infosys BPM is hiring for various profiles, freshers walk-in on Jan 13
Hiring

Infosys BPM is hiring for various profiles, freshers walk-in on Jan 13

The business process management (BPM) subsidiary of Infosys Limited, Infosys BPM is hiring for various profiles including freshers and experienced ones. Additionally, there is a Walk-In drive on the 13th of January. Commenting on the hiring process the company said, “Your journey at Infosys BPM will be as good as the ideas you bring to […]

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76% workforce urge employers to ‘Consider Moonlighting ethical’
Survey & Report

76% workforce urge employers to ‘Consider Moonlighting ethical’

One of India’s leading Integrated HR Solutions providers, Genius Consultants Limited has surveyed various sectors to provide the advantages and disadvantages of moonlighting. Commenting on the same, R P Yadav, CMD, Genius Consultants Ltd. said, “Every company can benefit from conducting these surveys to assess ongoing trends. Several individuals have lost their well-paying jobs due to […]

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Salary of IT CEOs increased by 1,500% while 50% for freshers
Compensation

Salary of IT CEOs increased by 1,500% while 50% for freshers

Business Today’s analysis shows the IT industry CEOs’ salaries increased by 1,500% while freshers’ salaries up only 50% in the last 10 years. Business Today’s actual analysis is in contrast to the CEO compensation, which has increased by a staggering 1,492.27 percent over the last ten years. However, freshers’ incomes have increased by just 46.94 […]

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Infosys & Wipro to announce Q3 results on 12 & 13 Jan respectively
Industry

Infosys & Wipro to announce Q3 results on 12 & 13 Jan respectively

The two IT majors of India, Infosys & Wipro have informed to announce Q3 results on 12 & 13 January respectively. Infosys India’s second-largest IT service provider, Infosys will announce its earnings for the quarter ending December on January 12. The board of directors will meet on January 11 and 12 to discuss the same, the […]

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