Around 20,000 Freshers To Be Hired By This Major IT Company
IT giant Infosys plans to hire around 20,000 freshers this year, amid news of major layoffs in key rival TCS.
Amid news of layoffs in rival TCS, Infosys CEO has confirmed the company's plan to recruit around 20,000 college graduates this year.
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Speaking on the role of AI in shaping business models, Parekh said, 'AI allows for deeper automation and insights," but also requires 'higher-level skills and more effort." He reiterated that Infosys is continuing to expand its workforce, underscoring its long-term commitment to talent and technology. (Image: File Pic)
Still, he emphasized the importance of human oversight in complex systems. 'Infosys Finacle, our banking platform, delivers around 20% productivity improvement by blending automation with human oversight," he said. (Image: File Pic)
Addressing the topic of compensation, Parekh noted that Infosys had already concluded salary hikes for Q4 and Q1 of the last fiscal year. 'Now that this cycle is complete, we are beginning to evaluate the timing for the next round—as we do after every cycle. We will stick with our existing process and announce the next cycle at the right time," he added. (Image: File Pic)
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