Worrisome? Infosys releases around 2,000 employees every quarter, thanks to automation

Advertisement
Worrisome? Infosys releases around 2,000 employees every quarter, thanks to automationYes, it is true. Automation is going to take a toll on jobs and the effects can be seen. Thanks to automation, Infosys released 8,000-9,000 employees within a year.
Advertisement

Infosys HR Head Krishnamurthy Shankar said, “We have been releasing about 2,000 people every quarter and also training them in special courses that will help them in their new assignments.”

Shankar agreed that automation is set to seep in with more intensity and hiring will considerably come down.

Infosys has trained nearly 490 people in a first batch of machine learning and the use of artificial intelligence (AI).

Infosys added 5,700 people in the first nine months of this fiscal, compared to about 17,000 in the same period last year. In the December quarter, Infosys' total employee strength actually declined -an extremely rare occurrence for India's No. 2 IT services company . The total strength fell by 66 to 1,99,763.

Advertisement

Sectors that will be highly impacted due to automation will be BPO, application management and infrastructure management.

Wipro’s Global HR head Saurabh Govil in November had said the company released 3,200 people through automation to do more innovative work.