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Infosys denies laying off 500 people

There were reports that Infosys had laid off 500 people in the aftermath of losing its multi-million pound deal with the Royal Bank of Scotland.

August 23, 2016 / 08:01 IST
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Infosys today said it has laid off "a few" people on grounds of non-performance and disciplinary issues but denied reports of 500 jobs being cut by the country's second largest software services company.

"We would like to clarify that there are no layoffs at Infosys. There have been a few separations that are in response to performance and disciplinary issues, which take place on an ongoing basis and this is no different from previous years," an Infosys spokesperson said.

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She added that the number of 500 people being laid off is "incorrect and the number is far below".

There were reports that Infosys had laid off 500 people in the aftermath of losing its multi-million pound deal with the Royal Bank of Scotland.