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Less than 5,000 under-performers asked to leave: Infosys

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Infosys said such steps are taken regularly and is not a “one-time event”. (File Photo)
Infosys said such steps are taken regularly and is not a “one-time event”. (File Photo)

Amid speculation of large scale layoff at Infosys affecting nearly 5,000 employees, country’s second largest software services company today said it actively asks the “under-performers to seek other jobs”.

Without giving the exact number of the affected employees, Infosys said in a statement that this will be lower than 5,000.

The company did not disclose the number despite repeated attempts.

“This (the report) is wrong in two different aspects.

“One, there is no layoff. Infosys is a performance-driven company. And like any performance-driven company, it actively manages under-performance and encourages chronic under-performers to seek other jobs,” it said in a statement.

While stating that the affected number might be lower than 5,000 quoted in the report, the company said such steps are part of normal business routine.

“Two, the number that may be affected is significantly lower than the 5,000 quoted in the article. For a performance-driven company with more than 1,50,000 employees this is part of the normal ebb and flow of running a business,” it said.

Infosys said such steps are taken regularly and is not a “one-time event”.

“This is done regularly and is not a one-time event. We have a robust performance management system that includes structured appraisals and performance feedback,” the statement said.

The BSE-listed company is scheduled to announce its third quarter results on January 11.

(This article was published on January 4, 2013)
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Comments:

All premium colleges have an A C K N O W L E D G E M E N T lettering. All tar tar roads resemble the sewage coloring. Its the political lid of things that takes the association to how fabric arrives further. The TV grains is one example/ B/G Bay or gas fields. the nomenclature further simplies the tagging.

from:  avimaverick
Posted on: Jan 5, 2013 at 11:02 IST

Hi all, I am working in wipro and this week I was asked to look for job outside and also forced to submit my resignation. Hr told that I am in the bench for long time. I started to update my naukri profile to look for my next job. I am telling this bcos it is not only infosys, all the Indian companies do it silently. My past performance is ignored. Indian companies had already become the american companies with hire and fire style. I will not trust or love or respect anymore Indian companies because my experience.

from:  Banu
Posted on: Jan 5, 2013 at 18:53 IST

Its an very bad news for all employer that they are going to tackle such
situation .. Do hard work and be productive :-)

from:  sandeep Kumar Dan
Posted on: Jan 7, 2013 at 20:13 IST
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