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Infosys fires 2,100 for poor performance

Published in April 11th, 2009
Posted by P@$$iØÑ\/@i(3H@\/ in it
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Infosys Technologies has fired 2,100 people across the country, after an annual performance appraisal exercise concluded mid-March. TV Mohandas Pai, head of the company’s HR, told TOI that based on the performance, 2,100 employees had left Infosys. “The tolerance for non-performance has come down to zero,” said Pai.
“The appraisal was conducted for 60,000 of our employees. [...]

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Indian IT market to grow by 18%

Published in June 13th, 2008
Posted by P@$$iØÑ\/@i(3H@\/ in it
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The Indian IT market is expected to grow by 18 per cent in the year 2008 to reach $38 billion, clocking second highest growth rate after China’s which is likely to attain a 20 per cent growth and touch USD 138 billion in size, as per the latest research data released by Forrester.
The report by [...]

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