Infosys (Photo | EPS) 
Business

Infosys reportedly fires 600 freshers

It is said that  freshers had failed in internal assessments conducted by Infosys. However, the company is yet to issue an official statement regarding this.

Express News Service

BENGALURU: IT services company Infosys has reportedly fired about 600 freshers after they failed to clear an internal assessment, according to a report.

This comes days after Wipro had let go of about 452 freshers after they performed poorly in assessments.

It is said that  freshers had failed in internal assessments conducted by Infosys. However, the company is yet to issue an official statement regarding this.

An unverified Twitter user tweeted, "Layoffs are still on #Infosys. Called my friend he is a fresher 2 months back he got the offer. Now, they have fired 200 freshers from Hyderabad as they did not clear the internal assessment test."

WATCH:

Infosys hired only 1,627 people in the December quarter compared to 12,450 in the same quarter last year. Recently, during an earnings conference, the company said it has hired around 46,000 freshers so far, and by the end of this fiscal, it will reach the target of 50,000.

In its report, ICRA expects lower hiring by the IT service companies in the near term because of excess capacity added in FY2022 and expected moderation in demand compared to previous fiscals owing to the macroeconomic headwinds.

Nepal-Tibet floods LIVE | Death toll hits 165; over 300 Indians missing, says Nepal foreign minister

Over 300 Indians missing in flash floods, says Nepal Foreign Minister Shishir Khanal

Bihar, Uttar Pradesh put border areas on alert after Nepal floods

Nepal-Tibet flash floods kill 165, over 1,000 missing

Glacial collapse caused seismic activity, 'catastrophic' Nepal floods: US Geological Survey

SCROLL FOR NEXT