Thread regarding Infosys layoffs

Big Layoff Hit For Infosys

Get ready for mass layoffs, things are not looking tood, we'll see on April 13 what's gonna happen - my feeling is that things will not go well:

Infosys, which reports earnings April 13, may have the most at stake. The Bangalore-based company is most vulnerable to U.S. visa reforms because it has the lowest percentage of local hires in the U.S., Goldman Sachs analysts Sumeet Jain and Saurabh Thadani said in a research note last week. HCL and Wipro also have risks from visa reforms but they hire relatively more Americans, the analysts wrote.

https://www.bloomberg.com/politics/articles/2017-04-11/every-tech-billionaire-in-india-takes-hit-from-trump-visa-reform

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Infy has been somewhat transparent company and had good professional practices.

already dog eat dog tendencies hwoing up in lower and lower middle layer of leadership in infy too

Hope it wont treat its people like the way tech, tcs nad now cts are treating. falsely labelling them as band and asking to resign.

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