Hi, does anyone have any news regarding layoffs at infosys due to project cancellations because of Covid-19?
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yes. they have started layoffs. in fact now they are letting people go who are actually good experienced persons with the excuse of performance (i.e. did not meet metrics for utilization and revenue managed) without due concern of the fact that where ever those experienced persons were sent to work ,they did a great job on the short term project. It is not their fault that they did not find other projects at infosys. Now the person at top (Salil Parekh - makes 6 million salary) and mark livingston (sends out fake unnecessary emails during covid saying they will not let people go) - both are greedy untrustworthy persons. I have seen at least 5 persons being terminated due to performance for frivolous reasons. This they do so that they cannot be sued for legal reasons.
Infosys started having massive layoffs due to Covid