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Infosys to hire 6,000 techies annually over next 2 years

Infosys

New Delhi: Infosys will continue to hire about 6,000 engineers annually over next 1-2 years, same as last fiscal, according to reports.

The country’s second largest software services firm has also ramped up its hiring process in the US and European markets as it looks to tap opportunities and tide over visa-related issues.

This year that just concluded we had a net addition of 6,000 and we expect similar kind of additions over the next 1 or 2 years, depending on the kind of growth you see in the market,” Infosys interim-CEO and MD U B Pravin Rao said at an investor meet last week.

The Bengaluru-based firm has been in the eye of a storm over the past few months, with the founders and former board members clashing over alleged corporate governance lapses and irregularities in Infosys’ US$ 200-million Panaya acquisition.

After Sikka’s exit, Rao assumed the additional charge as interim CEO and MD.

Rao said over one million graduate each year, which may look like a large number but only 20-30 per cent of that is quality talent.

At the end of June 2017, Infosys had a total of 1,98,553 employees on its payroll. The company does not provide country-specific headcount.

Earlier this year, there were reports of layoffs across the IT sector.  With Infosys stating that it was stepping up hiring in international markets like the US, there were concerns that it could impact the company’s recruitment plans in India.

Infosys had, at that time, stated it planned to hire 20,000 people (gross) this year.

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