Tag Archives: infosys

11000 employees resigned from top Indian companies in the last 90 days

Due to the impact of COVID, 11000 employees resigned from top Indian companies in the last 90 days. This is the first in recent times when the employee count of these top companies reduce drastically Although, these companies are hopeful … Continue reading

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Infosys brings over 200 employees from the US via a chartered flight

As a safety measure amid the surging cases in the USA, Infosys brings over 200 employees from the US via a chartered flight. All these employees and their families are brought to the country According to a post shared on … Continue reading

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Which IT firm has the highest number of H1B employees?

Recently, US President Donal Trump announced a ban on H1B visas and green cards, until the end of this year. This led to companies looking to hire local talent. Let’s see which IT firm has the highest number of H1B … Continue reading

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Infosys’s 33% staff to WFH permanently in the future

Infosys says that 33% of its staff will WFH permanently, in the future. Once the situation improves, 50% of its employees will start coming to offices. Rest of all will continue to work from home Gradually, Infosys looks to maintain … Continue reading

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Infosys signs climate-pledge by Amazon

Amazon and Global Optimism creates a Climate pledge. Infosys signs this climate-pledge, committing to meet the Paris agreement a 10 years earlier. The agenda of this pledge is to maintain zero carbon emissions by all the businesses by 2040. This … Continue reading

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Over the past few years, these Indian IT firms have benefitted by hiring fewer people

The top IT services providers in the country have hired fewer people over the past few years in comparison to their revenue growth across the same timeline. This indicates that companies are adopting various automation and digital technologies. Companies like … Continue reading

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Infosys reportedly planning to downsize the number of managers at senior level

Infosys’s senior management will undergo a restructuring with Infosys looking to offload managers who are working at the senior level in the company. This accounts for around 30,000 employees. It has been reported that this is being done to recover … Continue reading

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‘Marginal impact on Profits’ for Infosys due to the impact of COVID19. Salary of CEO at $6.15 million

Infosys has recently said that the business has been marginally impacted on profits due to the impact of coronavirus. It was also stated that the cash flows negatively for them, currently. According to the latest reports, the CEO drew a … Continue reading

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15% of employees to return to Offices for Infosys, as part of the second phase

This week, Infosys had planned a second phase of resuming its operations. As part of this second phase, 15% of its employees will be returning to offices. Recently, the government also had eased the restrictions in the country which led … Continue reading

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Companies looking to add more work from home clauses with their clients’ post-COVID

Many of the tech giants in the country and software service exporters like TCS, Wipro, HCL, Cognizant, have moved most of the Indian engineers to abroad/onsite to debug technology issues or to co-innovate But with these situations like lockdown, these … Continue reading

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Infosys co-founder Mr. Narayana Murthy thinks that Indians should work for 60 hours a week in the next 2-3 years to revive the economy

Every country in the world has been affected by Covid. The economies are crashing. Everyone was worried about how to overcome this crisis. Even in India as the lockdown appears to end soon, everyone was wondering how to start the … Continue reading

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Indian IT firms are planning to reduce the dependency of subcontractors to control costs

As the COVID-19 is causing problems with revenue and margins fo the firms, Indian IT firms like Infosys, Wipro, TCS, MindTree are looking to reduce their dependency on the subcontractors to control the costs. According to a statement, these companies … Continue reading

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Lowest in the decade. IT companies might record their lowest revenue in this decade

Various factors like cutting down on discretionary spending and slowing down on demand could cost the revenue of IT companies to a greater extent. With the current situation being bad many IT companies like Infosys, Wipro have said that they … Continue reading

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TCS, Wipro, Infosys are planning on an acquisition spree post-COVID.

The mega-rich IT services companies TCS, Wipro, and Infosys are likely to go on an acquisition spree to buy their rivals at a discounted price post-COVID. These three big companies have a combined cash reserve of $13 billion. With the … Continue reading

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Is it the IT work model revolution? TCS is planning to ask 75% of its workforce to work from home permanently, post-COVID

TCS is making use of this COVID lockdown time effectively and is researching on a new 25/25 rule which will put an end to its 20-year-old operating model According to the new model, TCS is planning to ask 75% of … Continue reading

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