India software outsourcer Infosys may lay off 5,000 workers: report
AFPMUMBAI -- India's second-largest software outsourcer Infosys is planning to cut up to 5,000 jobs, a report said Friday, as it seeks to reduce costs in a tough business environment.
January 5, 2013, 12:06 am TWN
“Infosys is asking the worst performers, about 3-4 percent of the 151,000 work force, to leave straightaway,” The Economic Times said, citing people familiar with the development.
The Bangalore-based firm wants to reduce costs while moving towards a more aggressive sales strategy, the business daily said.
Infosys was not available to comment on the report when contacted by AFP.