The time when the ongoing layoffs in giant companies due to the impact of artificial intelligence are causing concern.. Infosys said good news. It has been revealed that they will not undertake layoffs in their companies. Infosys said that their company (Infosys) will focus on new recruitments and skill enhancement in the coming days.
Infosys CEO Salil Parekh said in an interview to Moneycontrol that there were no layoffs in Infosys last year. It has been revealed that there will be no layoffs in the coming days. Although there are some changes in entry level jobs with the advent of AI, the scope of work will expand further with artificial intelligence. He expressed the opinion that there will be no job cuts due to AI. They mentioned that they will introduce artificial intelligence and train their employees more in those skills. It is known that Infi recently announced that the company plans to hire at least 20,000 freshers in the current financial year (2026-27).
Despite this.. like last year, layoffs are continuing in tech companies this year as well. Big tech companies are pouring billions of dollars into data centers and other infrastructure for AI services. As a result, the respective companies are working on cost reduction. Companies like Meta and Microsoft have already announced cuts for this year.