Software major Infosys has let go of 240 entry-level employees who failed internal assessments, according to company emails sent on April 18. The move follows a round of terminations in February, when the Indian IT services firm let go of more than 300 trainees under similar circumstances. Infosys is offering those affected free upskilling programs through NIIT and UpGrad.
The layoffs come as Infosys navigates a subdued demand environment. The company has forecast revenue growth of just 0 percent to 3 percent for the current fiscal year, underscoring continued uncertainty in its core markets.
“Further to the announcement of the results of your final assessment attempt, please be informed that you have not met the qualifying criteria in the ‘Generic foundation training program’ despite the additional preparation time, doubt-clearing sessions, several mock assessments and three attempts. As a result, you will not be able to continue your journey for the apprenticeship program,” the email sent on April 18th read
