However, company officials rejected to accept the news overruling the report of layoffs. An official statement said, "This (the report) is wrong in two different aspects. One, there is no layoff."
"Infosys is a performance-driven company. And like any performance-driven company, it actively manages under-performance and encourages chronic under-performers to seek other jobs," added the statement.
Ahead of its third quarter results, the company asserted that such steps of asking "under-performers" to seek other jobs are part of normal business routine.
Lowering the number of sacked employees, Infosys officials said, "...the number that may be affected is significantly lower than the 5,000 quoted in the article. For a performance-driven company with more than 1,50,000 employees, this is part of the normal ebb and flow of running a business."
Informing about the regular working nature of a business organisation, the official statement also added, "This is done regularly and is not a one-time event. We have a robust performance management system that includes structured appraisals and performance feedback."
(With PTI inputs)