Infosys hires 3,538 people in first quarter
July 10th, 2009 - 2:28 pm ICT by IANSBangalore, July 10 (IANS) Undeterred by the impact of the global meltdown on its revenue and profits, IT bellwether Infosys Technologies and its subsidiaries hired 3,538 people in the first quarter of this fiscal.
With retention remaining high, the company and its subsidiaries saw a net decline of 995 employees during the quarter under review as against a net addition of 1,772 in the previous quarter and 3,192 in the year-ago period.
The company and its subsidiaries currently have 103,905 employees as against 104,850 at the end of the last quarter last fiscal and 94,379 in the like period a year ago.
“The attrition level has declined to 11.1 percent in the first quarter from 13.6 percent in the same period of last fiscal,” the company said in a statement.
Of the total employees, 5,609 are trainees.
“We have invested more in training to enhance our productivity. We are also honouring all our earlier offers,” Infosys head of human resources and education and research T.V. Mohandas Pai said.
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- Infosys loses more techies than it hired in Q3 - Jan 13, 2011
- Infosys to hire 35,000 techies this fiscal - Apr 13, 2012
- Infosys hires over 6,000 people in second quarter - Oct 09, 2009
- Infosys on hiring spree as attrition climbs up - Oct 15, 2010
- Infosys to hire 45,000 techies this year - Jul 12, 2011
- Infosys to hire 32,000 this fiscal - Apr 15, 2011
- Economic recovery triggers more hiring by Infosys - Jan 12, 2010
- Wipro attrition zooms to 16 percent in first quarter - Jul 23, 2010
- Infosys returns to double-digit growth, ups guidance again (Lead) - Oct 15, 2010
- Infosys to hire 30,000 techies in next 12 months - Apr 13, 2010
- Infosys lowers guidance for fiscal 2013 (Lead) - Apr 13, 2012
- Meltdown forces Infosys to freeze wages, hiring (Lead) - Apr 15, 2009
- TCS quarterly net profit rises six percent - Oct 17, 2011
- HCL Infosystems Q3 net profit dips marginally - Jan 28, 2011
Tags: 192, attrition, bellwether, decline, education, first quarter, global meltdown, human resources, productivity, profits, subsidiaries, t v mohandas pai