Infosys, like Cognizant, is laying off people, and in a similar fashion – a targeted move to reduce some of the perceived fat. Infosys is letting go of 10% of the workforce, or around 2,200 people, in the JL6 band (job level 6), an internal job code for senior managers. It might lay off 2-5% of the workforce at the associate (JL3 and below) and middle (JL4-5) levels.
from Times of India https://timesofindia.indiatimes.com/business/india-business/infosys-lays-off-mid-senior-level-execs/articleshow/71915093.cms
Monday, November 4, 2019
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