Infosys to take tough stance against poor performers
Infosys Technologies, the second largest services firm of country by revenue, would take tough stance against poor performers. With 2,200 of its employees already been put under scanner for non-performance, things may be tough for the current staff.
However, the company ruled out any lay-offs and said that it wouldtake other measures to cut costs and increase business efficiency.
About 1,000 employees emerged in the list of low performer last year that accounts for 1.5 per cent of its working staff. Mohandas Pai, Infosys' director of HR, education & research and administration, said, "When the times were good, people got away with things. Our tolerance of non-performance has come down now."
Meanwhile, the software giant recruited about 20000 fresh college graduates across the country for the financial year 2009-10 and promised to honour the commitment it has made. However, Mr. Palli said that company is unlikely to increase wages under current recessionary environment in the world.