India’s second-largest IT service provider Company, Infosys CEO Salil Parekh said that the company will continue its flexible approach, Infosys is not setting any days for employees to work from the office s the current work model has worked well for the company.
Currently, the company does not favor calling employees back to the office.
CEO Salil Parekh said, “My feeling is that over time we will provide all the necessary support to employees so that more and more employees can return to work.”
“Of course, there are several customer situations that require specific action. Those will be followed according to customer requirements, but where we can provide some flexibility, we will continue to provide flexibility,” he said.
Nilanjan Roy, Chief Financial Officer, Infosys said, “No delay in onboarding freshers. We have opened our Mysore campus. We are on track on onboarding freshers.”
“We have already hired 40,000 freshers out of our plan of hiring 50,000 freshers for the year and the number could go up,” Nilanjan Roy added.
Chief Financial Officer Nilanjan Roy said, “In FY22, Infosys had hired 85,000 freshers, with its hiring up 2.2x in two years. For FY23, Infosys had said it would be hiring over 50,000 freshers.”
The company has recently fired a few employees in recent months for moonlighting. However, the exact numbers are not mentioned.
Last month, Infosys said that moonlighting is not permitted according to the employees’ code of conduct of the company.
Infosys said that employees cannot take up other assignments during or outside business hours. Further, the company has also added that any violation will lead to disciplinary action that could include termination of employment.
The company’s headcount stood at 3,45,218 as of September 30, 2022, from 3,35,186 in Q1FY23. The net addition of 21,171 people in the first quarter ended on June 30.
Infosys’ attrition in Q2FY23 stood at 27.1 percent. The company’s attrition for the last quarter was 28.4 percent. There is a sequentially fall in attrition on a trailing twelve-month basis.
