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Infosys plans to cut staff costs

27 Nov 2013 Evaluate

In a bid to reduce operational costs, Infosys, a global leader in consulting, technology and outsourcing solutions, is planning to reduce the number of top officials and subcontractors at onsite locations. The company has selected three areas to cut staff costs, which includes decrease the proportion of senior people onsite by rationalising its role ratio, reduce the usage of subcontractors by improving internal training and reduce the number of people in onsite locations in business enabling functions. Meanwhile, the company is also focusing on improving software delivery and sales effectiveness to improve its financial performance.

Infosys is a global leader in business consulting and technology solutions. As a proven partner focused on building tomorrow’s enterprise, Infosys enables clients in more than 30 countries to outperform the competition and stay ahead of the innovation curve.

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Company Name CMP
TCS 2073.50
Infosys 1008.40
HCL Technologies 1246.70
Wipro 163.85
Tech Mahindra 1547.00
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