'Infosys to hire 12000 to 45000 employees' in Q2 (Year 2011-2012 Target)
India’s largest software exporter and second largest IT company in India, Infosys to add 12000 more employees to its workforce. As the company is expecting more profit in the coming quarter also wanted to increase its manpower to tackle the needs.
The IT field booms to new height and the companies are expecting more people to be added in their headcount.
“We are looking at a gross addition of about 12,000 in our workforce and we are continuing with yearly target at 45,000 people,” Infosys CEO and Managing Director S Gopalakrishnan said on Tuesday.
Infosys handling its business with 1.33 lakh employees currently and net profit for the first quarter had ended up with 1722 crores.
In April, we said the margins in Q1 could come down by around four percentage points and actually it came down by three percentage points. The main impact was on account of an increase in offshore wages by 10-12 per cent and onsite by 2-3 per cent,” Infosys Member of the Board and Chief Operating Officer S D Shibulal said.
“I think we were able to control other costs; we were able to maintain our margins. The only impact which came in the Q1 is wage increases,” he added.
Adding value to the students excellence, Infosys’s mysore campus has been renamed as “Narayana Murthy Centre of Excellence” announced in a function held there today.
The IT field booms to new height and the companies are expecting more people to be added in their headcount.
“We are looking at a gross addition of about 12,000 in our workforce and we are continuing with yearly target at 45,000 people,” Infosys CEO and Managing Director S Gopalakrishnan said on Tuesday.
Infosys handling its business with 1.33 lakh employees currently and net profit for the first quarter had ended up with 1722 crores.
In April, we said the margins in Q1 could come down by around four percentage points and actually it came down by three percentage points. The main impact was on account of an increase in offshore wages by 10-12 per cent and onsite by 2-3 per cent,” Infosys Member of the Board and Chief Operating Officer S D Shibulal said.
“I think we were able to control other costs; we were able to maintain our margins. The only impact which came in the Q1 is wage increases,” he added.
Adding value to the students excellence, Infosys’s mysore campus has been renamed as “Narayana Murthy Centre of Excellence” announced in a function held there today.
Comments
Post a Comment