As per the numbers shared during the Q2 FY 2023-24 results, the 10 largest companies saw their workforce fall to 20.6 lakh people at the end of September from 21.1 lakh employees at the beginning of the fiscal year, resulting in a loss of 51,744 jobs.
CEO Salil Parekh noted that the company witnessed its highest large deals value at $7.7 billion in Q2. He also added that clients have continued to show interest in AI products and services
In an email to employees, the management at Infosys said that the company has delivered a good performance in Q1, ‘setting a robust foundation for future expansion.’
This comes as India s second largest IT firm paid 60% variable last quarter on an average. The company has also not rolled out annual hikes for employees for the year FY23. Previous hikes were paid in July 2022.