2013-01-03

India's Infosys to fire up to 5,000 workers: media

01/03/2013 India's Infosys to fire up to 5,000 workers: media
A general view shows workers at a cafeteria inside a building at the Infosys campus at the Electronic City area in BangaloreMUMBAI (Reuters) - India's Infosys is planning to lay off up to 5,000 employees as the software services provider looks to cut costs and boost sales, The Economic Times reported on Friday. The report came as Infosys Ltd executive co-chairman S. Gopalakrishnan was quoted by other media reports as saying 2013 will be better than last year for India's IT industry. Gopalakrishnan was quoted as saying brighter prospects for the United States and China would help the IT sector, as he addressed an event for the Infosys Science Foundation on Thursday. ...

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