Business: Infosys CEO says, "No Jobcuts. Hiring will continue."

Avatar Click Here for Original Story: http://allaboutinfosys.blogspot.com
posted by chintan100 1247 days ago
This shows the long time perspective of Infosys and also proves the strong business model that it has in place.
9 comments | tags: infosys it software hiring recession all | category: Business | Content type: Text/Pictures | Add this link to... | tell a friend | bakwaas

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  • Avatar | written by denny 1247 days ago Rating: 0 | Rate comment: + -

    hey thats a very good news for the IT industry.....

  • Avatar | written by aspirationz 1245 days ago Rating: 0 | Rate comment: + -

    That's the difference between professionally run companies and ones which operate in oblivion. Doesn't matter how big a crisis is, a professionally run company would always have pre-built plans in place to deal with situations. On the other hand companies like Jet Airways, Reliance, etc are seen doing great business when the times are good but wilt under the slightest bit of pressure.

  • Avatar | written by denny 1245 days ago Rating: 0 | Rate comment: + -

    yes aspi that is true..... some companies just run on fame and goodwill whereas they lack in basic planning and management and as a result they are affected by such global crisis.....

  • Avatar | written by chintan100 1245 days ago Rating: 0 | Rate comment: + -

    Infosys currently may have ruled out job cuts but its a fact that it is finding difficult to allot already hired people to projects. So the bench strength has reached a saturation point.

  • Avatar | written by denny 1244 days ago Rating: 0 | Rate comment: + -

    hey chintan this economic pressure is gonna affect all teh companies but i think Infosys would one of those companies who is less affected.......

  • Avatar | written by chintan100 1244 days ago Rating: 0 | Rate comment: + -

    @Denny..

    No, being an employee of Infosys, I know that its equally bad for them also. But the thing is Infosys has a cash reserve of 10,000 crore so it can afford to stay afloat without cutting costs albeit at the cost of treasury.

  • Avatar | written by denny 1242 days ago Rating: 0 | Rate comment: + -

    okay.......... now i got it but are they also involved in cost cutting and all that stuff????

  • Avatar | written by chintan100 1241 days ago Rating: 0 | Rate comment: + -

    @Denny....

    Ya, cost cutting is also there now. We got an email from CEO urging us to find some way to save atleast 10$ per employee and also now they have put up a special forum on their intranet site to post suggestions.

    Batch parties for freshers are cancelled now, escalators dont move, joinings for trainees are being delayed etc etc..

  • Avatar | written by denny 1241 days ago Rating: 0 | Rate comment: + -

    hmm thats a very sad situation for the company as well as the whole country.......


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