Infosys Lays Off 240 Employees
Analysis based on 6 articles · First reported Apr 18, 2025 · Last updated Apr 18, 2025
The layoffs by Infosys, coupled with its muted revenue growth projections, indicate a challenging demand environment in the IT sector, potentially impacting investor sentiment towards Infosys and other IT services companies. The offering of upskilling programs through NIIT and UpGrad may slightly mitigate negative sentiment by demonstrating corporate responsibility.
Infosys has terminated 240 entry-level employees who failed internal assessments, marking the second round of such layoffs in recent months, following over 300 trainees let go in February. The affected employees, hired as System Engineers and Digital Specialist Engineers, were part of a cohort that joined in October 2024 after a prolonged wait due to project slowdowns and hiring freezes. Infosys stated that the trainees did not meet qualifying criteria despite extensive preparation time and multiple assessment attempts. To support the impacted individuals, Infosys is offering free professional outplacement services, one month's pay, and travel allowances. Additionally, Infosys has partnered with NIIT for IT upskilling and UpGrad for Business Process Management (BPM) training, with opportunities to reapply for roles at Infosys — Infosys BPM upon successful completion. These layoffs occur amidst Infosys' projection of muted revenue growth (0-3%) for the fiscal year, reflecting a demand slowdown in key markets like the United States and Europe.
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