Latest news with #UpGrad
India.com
30-04-2025
- Business
- India.com
Bad news for employees of this IT company as it fires 195 people for..., Not Ratan Tata's TCS or Premji's Wipro
Ratan Tata and Azim Premji (File) In a significant update for the Information and Technology sector, Indian IT major Infosys has dismissed another 195 trainees from a batch of 680 at its Mysuru campus after they failed internal assessments, as per a report by Moneycontrol. This marks the fourth round of dismissals, bringing the total number of trainees let go to around 800 since February, 2025. Out of those affected, about 250 have joined upskilling programs with UpGrad and NIIT, while around 150 have signed up for outplacement services. Infosys partners with UpGrad and NIIT In response to this, Infosys has partnered with UpGrad and NIIT to offer upskilling programs for those affected. About 250 trainees have enrolled in these programs, majorly concentrating on Business Process Management (BPM) and IT training. Furthermore, 150 others have opted for job transition services. Infosys is providing these trainees free training through its partnerships with UpGrad for BPM and NIIT for IT skills. Infosys has also offered an alternative career path for some of the dismissed trainees. Those who joined the program after a delay of over 2.5 years are being provided with 12 weeks of training for potential posts in Business Process Management (BPM). Along with a relieving letter, Infosys also pay for the training and will also provide one-month extra payment. For trainees who are not interested in following the BPM career path, the company is arranging transport from Mysuru to Bengaluru and also providing travel allowances to their hometowns. Also, trainees can use accomodation services at the Employee Care Centre in Mysuru until they are ready to depart. This move comes amid a period of low market demand, with Infosys projecting revenue growth of just 0 to 3 percent for the current fiscal year. The company's policy dictates that trainees who fail assessments cannot continue with the program. The Karnataka Labour Department has cleared Infosys of any wrong doing in the dismissals, mentioning that the trainees were apprentices, not employees. Therefore, the labour laws related to layoffs do not apply. This decision came after an investigation ordered by the Union Labour Ministry, during which Infosys confirmed that it followed its own policies while handling the terminations.
Time of India
30-04-2025
- Business
- Time of India
'Further to ...', says Infosys HR's email to 195 trainees the company has fired for failing in internal assessment tests
Infosys has dismissed another 195 trainees after failing to pass the internal assessment tests. This is the second round of layoffs in less than 10 days. Earlier on April 20, the IT giant asked 195 trainees to leave on the same grounds. With the latest development, the number of trainees who have failed the assessment test since February has risen to over 800. According to a Economic Times report, of those 800+ affected trainees, around 250 received training through UpGrad and NIIT, while about 150 have registered for outplacement services. What Infosys told the 195 trainees that it asked to leave The IT giant has sent an email to the impacted employees. The email, sent to one such trainee says: 'Further to the announcement of the results of your final assessment attempt, please be informed that you have not met the qualifying criteria in the 'Generic foundation training program' despite the additional preparation time, doubt-clearing sessions, several mock assessments and three attempts.' 'As a result, you will not be able to continue your journey for the apprenticeship program. While this may be a disappointing outcome, we are here to further support you in your learning journey', the email added. Who are the impacted Infosys trainees As per the report, these trainees were recruited in the role of System Engineers (SE) and Digital Specialist Engineers (DSE). The affected trainees, similar to the previous round, will receive one month's pay as ex-gratia, a relieving letter, and access to outplacement services, counselling, and external training supported by Infosys. This includes a 12-week training program for roles in the business process management (BPM) industry or a 24-week program focused on IT fundamentals for those pursuing a career in information technology, the company said.
Mint
29-04-2025
- Business
- Mint
Infosys layoffs: IT major cuts 195 more trainee jobs in Mysuru; nearly 250 opt for UpGrad, NIIT upskilling programmes
Infosys Layoffs: IT major Infosys reportedly cut another 195 trainee jobs in Mysuru, from a batch of 680 people, after the new recruits failed to clear the internal assessment, according to a Moneycontrol report citing emails dated April 29. 'Further to the announcement of the results of your final assessment attempt, please be informed that you have not met the qualifying criteria in the 'Generic foundation training program' despite the additional preparation time, doubt-clearing sessions, several mock assessments and three attempts. As a result, you will not be able to continue your journey for the apprenticeship program,' reported the news portal, citing the official email. On February 7, 2025, the news portal reported that the IT major has laid off 400 campus recruits after they failed the evaluation test. Later on April 18, the company reportedly laid off another 240 entry-level employees who were unable to clear the internal assessment. According to the news portal, this was Infosys' fourth round of layoffs since February 2025, bringing the total number of job cuts to 800. Infosys refused to confirm the developments when approached by LiveMint. However, the news portal's report suggests that Infosys has, so far, maintained that the company has followed their existing policy, which mandates that freshers will not be able to continue with the organisation if they fail the internal assessment. After India's second-largest IT firm reportedly laid off the new hires, 250 people out of the approximate 800 have enrolled themselves in upskilling programmes in UpGrad and NIIT. At the same time, 150 of them have registered for outplacement services, according to the news portal. As per the report, the company has created a tie-up with UpGrad for BPM training and another with NIIT for IT training. These training programmes are free to those affected by the layoffs. Infosys also offers to pay for an alternative 12-week training program for the potential roles in Infosys Business Process Management (BPM) to the affected people. These trainees were allegedly onboarded after a delay of more than 2.5 years, as per the news report. The IT major is also offering one month's payment along with a relieving letter for the affected trainees, as per the report. The affected people will be given transport, from Mysuru to Bangalore, along with a standard travel allowance to their hometown, according to the report. After the announcement of January to March quarter results, Infosys' Chief Financial Officer (CFO) Jayesh Sanghrajka revealed that the IT major plans to hire more than 20,000 freshers in the financial year 2025-26. 'In terms of hiring, we are expecting to hire 20,000-plus freshers,' said Sanghrajka in the media briefing. The company currently employs more than 3.23 lakh professionals, and the firm also reported a 199-employee hike in its fourth quarter results. Infosys shares closed 1.03 per cent higher at ₹ 1,497.40 after Tuesday's stock market session, compared to ₹ 1,307.10 in the previous market close. First Published: 29 Apr 2025, 04:37 PM IST
Time of India
29-04-2025
- Business
- Time of India
More layoffs! Infosys asks another batch of trainees to leave after they fail internal assessment tests
Infosys has established partnerships with NIIT and UpGrad for complimentary upskilling programmes available to trainees who departed since February. (AI image) Infosys has dismissed an additional 195 trainees who did not pass their internal assessment examinations. The number of trainees who have not passed the assessment test since February has now exceeded 800. Sources familiar with the company's activities indicate that amongst the 800-plus affected trainees, approximately 250 have undertaken training through UpGrad and NIIT, whilst about 150 have signed up for outplacement assistance . "Further to the announcement of the results of your final assessment attempt, please be informed that you have not met the qualifying criteria in the 'Generic foundation training program' despite the additional preparation time, doubt-clearing sessions, several mock assessments and three attempts," said the email delivered to one trainee. The email continued to explain that trainees would be unable to proceed with the apprenticeship programme, whilst offering support for their continued learning journey. ET's requests for information regarding these developments received no response from Infosys. The company hired individuals for positions as System Engineers (SE) and Digital Specialist Engineers (DSE). The recent termination procedure followed earlier patterns, providing one month's salary as ex-gratia and a relieving letter. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Invest $200 in Amazon without buying stocks to earn a second salary Marketsall Sign Up Undo Additionally, Infosys offered outplacement assistance, counselling services and external training to help affected trainees prepare for opportunities in the business process management (BPM) sector. The support included a 12-week training programme focusing on BPM industry roles, or alternatively, a 24-week course covering IT fundamentals for those pursuing an Information Technology career path. The organisation established partnerships with educational platforms including NIIT and UpGrad, covering the expenses for complimentary upskilling programmes available to trainees who departed since February. Stay informed with the latest business news, updates on bank holidays and public holidays . Master Value & Valuation with ET! Learn to invest smartly & decode financials. Limited seats at 33% off – Enroll now!
Time of India
29-04-2025
- Business
- Time of India
VCs should understand that AI is a ‘product', not a ‘company': Ronnie Screwvala
Live Events The use of genAI tools in education must not be viewed as a 'cheat sheet' to bypass the efforts, said Ronnie Screwvala , co-founder and chairperson of edtech firm UpGrad tells Himanshi Lohchab .While AI can solve reasoning-heavy questions for students of IITs and PHDs, he cautioned against using AI merely as a shortcut. 'We shouldn't repeat the mistake we did with K-12,' he warned. 'Look at Chegg in the US; once a $14 billion company, now worth less than the cash they have on hand. That model fell apart because students weren't learning; they were just bypassing effort.''There was a moment where everyone thought doubt solving was the next big thing. At one point, Byju's was looking to acquire DoubtNut for $100 million. But very quickly, it became clear that it's not as unique anymore; AI can handle that task easily, and at scale,' noted veteran filmmaker, investor and first generation entrepreneur believes that soon, 'AI will become our cofounders.''In the workplace, you need pragmatism. And that's what AI offers—less emotion, more transparency. Of course, to some people, the idea of an AI cofounder might sound scary. But imagine this, no work-life balance debates, no emotional conflicts, no sulking cofounder drama. Just pure clarity and decision-making support. That's a huge advantage,' he clarified that AI is a 'product' and not a 'company'. So, while venture capitalists chase the next unicorn, several may lose money since they are still trying to understand what exactly they're investing in, he said.'The problem is, in the startup world, ambitions get mixed. People think AI needs to be a company. But in most cases, it's not ready for that yet. And developing that product without the pressure of setting up a company can be liberating. But in India, the mindset is still 'I need to register a company, raise funding, and show scale.''He also projected that AI would disrupt career paths by making workforces multidimensional. 'I genuinely believe people will start having dual roles, not necessarily two paid jobs, but engagements with different ideas, companies, or industries.''The old question used to be, 'What happens if I don't have domain expertise and want to switch fields?' That fear is slowly fading. You'll still need expertise, but AI is now enabling people to straddle domains, making that leap more accessible.' He added that UpGrad's U&AI certification program which aims to make 1 million professionals AI-ready by 2025 is a strong example of this demand. The `499 course fetched 6000 enrolments within days, he however, highlighted that large organisations are still unwilling to accept the shift. 'HR teams in most companies are built to harmonise, keep things smooth. They're not built to encourage chaos or experimentation. If you suggest someone go out, take a sabbatical, explore a creative path, the answer is usually no.'Asked about the threat to the entertainment industry with AI now being able to write lyrics, compose music and generate visuals, Screwvala said, 'AI can't inject emotion, which is the heart of storytelling. But it can prompt, polish, and help you be more efficient.' He added that creators can now write for 20 languages at once. 'AI helps with localisation without sounding dubbed. Although voice artists may be worried, their voice will now have premium value. Instead of charging `1,000 per hour, they could charge `10,000 for the source training,' he said.
