andhra_jp Posted February 7 Report Posted February 7 Infosys terminates over 400 trainees in Mysuru, employees cry foul Sources say the company has deployed bouncers and security personnel to ensure that the trainees do not carry mobile phones Software major Infosys is in the process of laying off 400 trainees at its Mysuru campus after they failed evaluation tests in three consecutive attempts, according to sources familiar with the matter. This is approximately half of the trainees onboarded in October 2024. As it happens, the trainees were onboarded after a two-and-a-half-year-long wait, necessitated by a macroeconomic slowdown triggering clients of IT companies to halt spending on projects. "At Infosys, we have a rigorous hiring process where all freshers, after undergoing extensive foundational training at our Mysuru campus, are expected to clear internal assessments. All freshers get three attempts to clear the assessment, failing which they will not be able to continue with the organisation, as is also mentioned in their contract. This process has been in existence for over two decades and ensures a high quality of talent availability for our clients," Infosys said in a statement. Trainees are being called in batches of around 50 and are being made to sign "mutual separation" letters, sources familiar with the matter told Moneycontrol. "This is unjustified because the tests were very tough and made to fail us, many trainees have fainted as the future looks bleak now," a trainee told Moneycontrol who was terminated. Sources say the company has deployed bouncers and security personnel to ensure that the trainees do not carry mobile phones. Trainees have been asked to vacate the premises by 6 PM, the sources said. Nascent Information Technology Employees Senate (NITES) said it is filing an official complaint with the Ministry of Labour & Employment, demanding immediate intervention, strict action against Infosys. “This blatant corporate exploitation cannot be allowed to continue, and we urge the government to take swift action to uphold the rights and dignity of Indian IT workers,” Harpreet Singh Saluja of NITES said in a statement. The said trainees were recruited in the role of System Engineers (SE) and Digital Specialist Engineers (DSE). India’s second-largest software exporter sent offer letters back in 2022 but did not on-board the candidates after the IT industry faced a slump. This phenomenon, however, is an industry-wide issue. Fears of a looming recession in IT companies' major markets and the absence of discretionary spending led companies to pause hiring, leading to a multi-decadal decline in headcount. On September 3, Infosys sent letters with joining dates to approximately 1,000 freshers from 2022 campus hires, just a day after it issued similar number of letters. 2 Quote
Joker_007 Posted February 7 Report Posted February 7 Good.. They will succeed in the life. by concentrating on other areas... Quote
halwafan Posted February 7 Report Posted February 7 half lechipoyaru ante definitely some drama by infosys.. hardly 5-10% untaru exams lo lechipoye batch. 2 Quote
Popular Post Assam_Bhayya Posted February 7 Popular Post Report Posted February 7 Infy & co witches inka outdated unnaru, Gen Z kids ni millennials laaga bend ayi pani chesthar ani anukuntunnar. e companies lo higher/executive management gallu musali boomer batch slave mentality, mason mestris of WEF, ippudu adhe problem vallaki Genz tho. Over to @CanadianMalodu 1 2 Quote
Thokkalee Posted February 7 Report Posted February 7 May be they got in by other ways and not by talent… lekapothe why will they fire them?? Few years back na pakka team lo okadini basic tasks kuda cheyyaleka potunnadu ani fire chesaaru.. I don’t know how he cleared 3 rounds of interviews and got the job , one is F2F Quote
yemdoing Posted February 7 Report Posted February 7 21 minutes ago, fasak_vachadu said: Ditch the witches a luxury kuda undha ? Quote
fasak_vachadu Posted February 7 Report Posted February 7 1 hour ago, yemdoing said: a luxury kuda undha ? Cheyali anna thappadu luxury ki pothe vadu pay chese peanuts ki illu ela nadustgadi Quote
andhra_jp Posted March 27 Author Report Posted March 27 Infosys terminates more trainees from Mysuru campus; offers alternative career path The Bengaluru-based company is providing affected trainees with an alternative career path, including a 12-week training program for potential roles in Infosys BPM. Software major Infosys has let go of another 30-45 trainees from its Mysuru campus on March 26 after they failed to pass internal assessments, sources told Moneycontrol. However, the Bengaluru-based company is offering alternative career path to the affected trainees, including 12 weeks of training for potential roles in Infosys Business Process Management (BPM). The development comes two months after its move to terminate 350-odd trainees from the campus. These trainees were on-boarded after a delay of over 2.5 years. Additionally, Infosys said it will sponsor the training for those who opt for the BPM course. “Further to the announcement of the results of your final assessment attempt, please be informed that you have not met the qualifying criteria in the 'Foundation skills training program' despite the additional preparation time, doubt-clearing sessions, and several mock assessments opportunities,” mails sent to trainees read. No Infosys representative was immediately available for comment on the development. Additionally, India’s second largest IT services company is offering a one-month ex-gratia payment along with a relieving letter for the affected trainees. For those unwilling to take the BPM pathway, the company will arrange transport from Mysuru to Bangalore and a standard travel allowance to their hometown. If required, trainees can avail of accommodation at the Employee Care Centre in Mysore until their departure date. For those who want to leave the campus, the company has asked affected trainees to submit their travel and accommodation preferences by March 27, 2025. Quote
andhra_jp Posted April 18 Author Report Posted April 18 Infosys lays off 240 more trainees who failed tests, offers free upskilling Infosys has also extended free training to around 326 trainees who were let go in February after failing the assessment tests Software major Infosys has let go of 240 entry-level employees who failed internal assessments, according to company emails sent on April 18th, reviewed by Moneycontrol. The move follows a round of terminations in February, when the Indian IT services firm let go of more than 300 trainees under similar circumstances. Infosys is offering those affected free upskilling programs through NIIT and UpGrad. The layoffs come as Infosys navigates a subdued demand environment. The company has forecast revenue growth of just 0 percent to 3 percent for the current fiscal year, underscoring continued uncertainty in its core markets. “Further to the announcement of the results of your final assessment attempt, please be informed that you have not met the qualifying criteria in the ‘Generic foundation training program’ despite the additional preparation time, doubt-clearing sessions, several mock assessments and three attempts. As a result, you will not be able to continue your journey for the apprenticeship program,” the email sent on April 18th read. “As you explore opportunities outside of Infosys, we have planned professional outplacement services to help you on that journey. We also wish to offer you another career pathway, by taking an Infosys sponsored external training to prepare for potential roles in the BPM industry. On successful completion of the training, you may also apply to available opportunities in Infosys BPM Limited. However, if you wish to continue honing your IT skills, you also have an option to choose an Infosys sponsored external training program on Information Technology fundamentals to further support your IT career journey,” the email further said. In addition, the trainees will get one month of pay, accommodation, and a travel allowance from the training centre in Mysuru to Bengaluru or their hometown. While Infosys has tied up with UpGrad for BPM training, NIIT will help in IT training. Infosys has also extended this offer to trainees impacted in February, who now have the option to enroll in these upskilling courses, free of cost. On April 17, 2025, about 730 trainees appeared for their third and final attempt for the batch that joined on October 21, 2024, people in the know told Moneycontrol. The results for the next batch of trainees, who are due to appear for their third attempt, are expected next week. On March 26, the IT services exporter let go of another 30-45 trainees from its Mysuru campus after they failed to pass internal assessments, sources had told Moneycontrol. They were offered a similar alternative career path to the affected trainees, including 12 weeks of training for potential roles in Infosys Business Process Management (BPM). These trainees were onboarded after a two-and-a-half-year-long wait, necessitated by a macroeconomic slowdown, triggering clients of IT companies to halt spending on projects. The said trainees were recruited in the role of System Engineers (SE) and Digital Specialist Engineers (DSE). Infosys said on April 17th that it plans to onboard 20,000 freshers this fiscal, even as it grapples with uncertainty in its major markets such as the US and Europe, as clients hold back on technology spends. It onboarded over 15,000 freshers last year. The current batch, undergoing assessments, passed out over two and a half years ago, completing their engineering degrees at the height of Covid, when physical classes were suspended. Many of them were hired via virtual interviews. Quote
andhra_jp Posted April 18 Author Report Posted April 18 Narayana Murthy’s grandson set to turn youngest millionaire without working 70-hours a week India’s youngest millionaire? Narayana Murthy’s grandson to get Rs 3.3 crore Infosys dividend at 17 months Born in November 2023 in Bengaluru, Ekagrah is the son of Rohan Murty and Aparna Krishnan, and the third grandchild of Narayana Murthy and Rajya Sabha MP Sudha Murty. His cousins, Krishna and Anoushka, are the daughters of Akshata Murty and UK Prime Minister Rishi Sunak. Ekagrah Rohan Murty, the 17-month-old grandson of Infosys co-founder Narayana Murthy, is set to receive Rs 3.3 crore from the company’s final dividend for the financial year ending March 2025, making him one of India’s youngest millionaires. Born in November 2023 in Bengaluru, Ekagrah is the son of Rohan Murty and Aparna Krishnan, and the third grandchild of Narayana Murthy and Rajya Sabha MP Sudha Murty. His cousins, Krishna and Anoushka, are the daughters of Akshata Murty and UK Prime Minister Rishi Sunak. Ekagrah currently holds 15 lakh shares in Infosys, representing a 0.04 percent stake in the IT services giant. These shares were gifted to him by Narayana Murthy when he was just four months old. At the time of the gift in March 2024, the stake was valued at over Rs 240 crore. On Thursday, April 17, Infosys declared a final dividend of Rs 22 per share. Given Ekagrah’s 15 lakh shares, the dividend will amount to Rs 3.3 crore. With this payout, his total dividend earnings for the current financial year rise to Rs 10.65 crore. Earlier in the year, he had received Rs 7.35 crore through interim dividends declared by the company, which cumulatively amounted to Rs 49 per share. The record date for determining eligible shareholders is set as 30 May, and the dividend will be paid on June 30, as confirmed by Infosys in its exchange filing. Several other members of the Murthy family—who form part of the Infosys promoter group—also stand to earn substantial amounts from the final dividend. Narayana Murthy himself is expected to receive Rs 33.3 crore, while his wife Sudha Murty will receive Rs 76 crore. Their daughter Akshata Murty, who owns 3.89 lakh shares representing a 1.04 percent stake, is set to earn Rs 85.71 crore. Infosys, which began operations in 1981 with a modest investment of Rs 10,000, has grown to become one of India’s leading technology companies. Sudha Murty, who initially supported the company’s foundation with her personal savings, went on to lead the Infosys Foundation for over 25 years before retiring in December 2021. She continues to be active in philanthropy through her family’s charitable work and was recently nominated to the Rajya Sabha. Quote
aratipandu Posted April 18 Report Posted April 18 On 2/7/2025 at 3:20 AM, andhra_jp said: Infosys terminates over 400 trainees in Mysuru, employees cry foul Sources say the company has deployed bouncers and security personnel to ensure that the trainees do not carry mobile phones Software major Infosys is in the process of laying off 400 trainees at its Mysuru campus after they failed evaluation tests in three consecutive attempts, according to sources familiar with the matter. This is approximately half of the trainees onboarded in October 2024. As it happens, the trainees were onboarded after a two-and-a-half-year-long wait, necessitated by a macroeconomic slowdown triggering clients of IT companies to halt spending on projects. "At Infosys, we have a rigorous hiring process where all freshers, after undergoing extensive foundational training at our Mysuru campus, are expected to clear internal assessments. All freshers get three attempts to clear the assessment, failing which they will not be able to continue with the organisation, as is also mentioned in their contract. This process has been in existence for over two decades and ensures a high quality of talent availability for our clients," Infosys said in a statement. Trainees are being called in batches of around 50 and are being made to sign "mutual separation" letters, sources familiar with the matter told Moneycontrol. "This is unjustified because the tests were very tough and made to fail us, many trainees have fainted as the future looks bleak now," a trainee told Moneycontrol who was terminated. Sources say the company has deployed bouncers and security personnel to ensure that the trainees do not carry mobile phones. Trainees have been asked to vacate the premises by 6 PM, the sources said. Nascent Information Technology Employees Senate (NITES) said it is filing an official complaint with the Ministry of Labour & Employment, demanding immediate intervention, strict action against Infosys. “This blatant corporate exploitation cannot be allowed to continue, and we urge the government to take swift action to uphold the rights and dignity of Indian IT workers,” Harpreet Singh Saluja of NITES said in a statement. The said trainees were recruited in the role of System Engineers (SE) and Digital Specialist Engineers (DSE). India’s second-largest software exporter sent offer letters back in 2022 but did not on-board the candidates after the IT industry faced a slump. This phenomenon, however, is an industry-wide issue. Fears of a looming recession in IT companies' major markets and the absence of discretionary spending led companies to pause hiring, leading to a multi-decadal decline in headcount. On September 3, Infosys sent letters with joining dates to approximately 1,000 freshers from 2022 campus hires, just a day after it issued similar number of letters. Oka question...vellaki 2022 lo campus offers occhay....onboarding 2024 lo jargindhi.... ee madhya lo 2 yrs em peekaru mari??? 1 Quote
andhra_jp Posted April 29 Author Report Posted April 29 Infosys terminates 195 more trainees at Mysuru campus; 250 dismissed so far take up upskilling opportunities This represents the fourth round of exits at the Bengaluru-based software giant, bringing the total number of affected trainees to approximately 800 since February. The layoffs come as Infosys navigates a subdued demand environment. The company has forecast revenue growth of just 0 percent to 3 percent for the current fiscal year, underscoring continued uncertainty in its core markets. “Further to the announcement of the results of your final assessment attempt, please be informed that you have not met the qualifying criteria in the ‘Generic foundation training program’ despite the additional preparation time, doubt-clearing sessions, several mock assessments and three attempts. As a result, you will not be able to continue your journey for the apprenticeship program,” the email sent on April 29 read, similar to the one received earlier in the month. The software major is offering alternative career path to the affected trainees, including 12 weeks of training for potential roles in Infosys Business Process Management (BPM), who were on-boarded after a delay of over 2.5 years. Quote
aratipandu Posted April 29 Report Posted April 29 13 minutes ago, andhra_jp said: Infosys terminates 195 more trainees at Mysuru campus; 250 dismissed so far take up upskilling opportunities This represents the fourth round of exits at the Bengaluru-based software giant, bringing the total number of affected trainees to approximately 800 since February. The layoffs come as Infosys navigates a subdued demand environment. The company has forecast revenue growth of just 0 percent to 3 percent for the current fiscal year, underscoring continued uncertainty in its core markets. “Further to the announcement of the results of your final assessment attempt, please be informed that you have not met the qualifying criteria in the ‘Generic foundation training program’ despite the additional preparation time, doubt-clearing sessions, several mock assessments and three attempts. As a result, you will not be able to continue your journey for the apprenticeship program,” the email sent on April 29 read, similar to the one received earlier in the month. The software major is offering alternative career path to the affected trainees, including 12 weeks of training for potential roles in Infosys Business Process Management (BPM), who were on-boarded after a delay of over 2.5 years. All other WITCH companies will follow?? 1 Quote
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