PeppyUnicorn
PeppyUnicorn
22mo

Trending @Infosys; Cost cutting in Infosys

Do you think they are cost cutting in a Verizon account and reducing head count?

I am not sure about this but the manager is asking for the Merge request count every month and they informed Don't disclose this to the client.

I am seeing these symptoms and upper management constantly saying that there is a budget issue from the last 4 months.

22mo ago
QuirkyJellybean
QuirkyJellybean

They are reducing the head count that is for sure. Not just your account but across the organisation. Putting people on PIP and asking them to resign. This is a trend I am seeing. Not sure why they are doing it in a secret 🤫 sort of manner.

PerkyRaccoon
PerkyRaccoon

In case of force resignation serving 3 months NP is required of immediate reliving

PerkyRaccoon
PerkyRaccoon

Also will they give 3months salary in case of immediate reliving

PerkyRaccoon
PerkyRaccoon

What's PIP ?

QuirkyJellybean
QuirkyJellybean

Performance Improvement Plan - An exercise designed to fail you in your tasks 🙂 and then telling you are incompetent to work in the organisation. Finally terminating your employment.

PeppyCoconut
PeppyCoconut

It's true. Infy is high on cost cutting. I also heard from dm, spm level

This is not one fault. Client don't want to spend generously like what it used to be 4-5 years ago

And point to be noted that our board of directors don't want any cut in there profit margins

BubblyBiscuit
BubblyBiscuit

They are i think putting people in pip, who had bad ratings. Not heard of anyone even met expectations getting pip? Any one with a good rating who was placed in pip or asked to resign ?

PerkyPancake
PerkyPancake
22mo

Yes they are doing cost cutting.

MagicalPickle
MagicalPickle
21mo

Not only Verizon other project as well

BouncyPickle
BouncyPickle

They are having a org wide project for optimising the effort thru automation.. this means people will be released from project.. if those people who don't get next project and have long bench.. then u know what will happen

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