Infosys dishes out 2,100 pink slips

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Infosys Technologies
Bangalore, Apr 11: After the annual performance appraisal exercise that concluded mid-March, Infosys Technologies has fired 2,100 people across the country for poor performance.

"The tolerance for non-performance has come down to zero," said Mohandas Pai, the HR head for Infosys.

"The appraisal was conducted for 60,000 of our employees. At the bottom, some 3.5% of the people were either outplaced or left the company. It's an annual scenario after every performance assessment. In fact, normally the bottom size is 5%,'' he said.

However, the 45,000 trainees were not part of this appraisal exercise. Currently, Infosys has an employee base of 1,05,000 including the trainees.

Outplacement, wherein the excess or unwanted staff is offloaded to another employer us not an option anymore, as the market has very few jobs to offer currently.

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