IT Major Infosys makes Important Announcement regarding Layoffs! - Details

Leading IT company Infosys announced on Saturday that it will not be undertaking further lay-offs due to the coronavirus pandemic. 

While replying to shareholders’ queries during the company’s annual general body meeting, COO Pravin Rao told that the company will be honouring all the offer letters it has issued and reviewing the joining dates.

He also spoke about a new hybrid model with only some employees working from home while others will be working from office. 

When asked about hiring plans and the company’s strategy to tackle the H-1B Visa ban, Infosys chairman Nandan Nilekani mentioned that the company has already hired over 10,000 Americans in the US and is planning to hire more in the future. 

He stated that they are planning to open four more technology and innovation hubs and have hired over 19,000 college graduates from campuses across India for the same purpose.