IT major Infosys will continue to hire in order to support the growth guidance, and will develop everything inside the company to be ‘AI first’, Salil Parekh, the CEO said on July 30 in response to Nasscom’s warning of job cuts in the sector.
Infosys’ staffing outlook comes amid a significant layoff announced by rival Tata Consultancy Services (TCS).
"Our view is to make everything inside Infosys AI-first," Parekh told CNBC-TV18 during an interaction, while commenting on Nasscom’s warning of more job cuts across Indian IT due to the AI-led disruption. “Large companies worldwide are more and more using technology. Infosys has depth in the industry, and in tech,” he added.
When asked about the layoffs at TCS, Parekh said that Infosys will continue with its hiring plans. “If you look at the same year last year, we are about 8,000 more employees that we were at that time. This year, we have a growth guidance of 1-3 percent, and we will continue with the recruitment in support with the growth guidance,” Parekh said. Infosys plans to add 20,000 college graduates during the entire year, the firm’s top executive said.
Salil Parekh added that the company has improved its revenue efficiency per employee, and will continue to better it. “We will continue with the recruitment, which will support the growth.”
When asked about concerns regarding the Indian IT industry surrounding the rationalization of workforce, Parekh said that the company has had strong growth year-on-year. “Infosys has built a very strong approach to AI over the years. Today, we have 300 agents which are doing work within the clients. So that gave us a good traction,” he said.
Parekh said Infosys is strong in both data and cloud which are essential for a big company to excel in AI. “Lot of clients are selecting Infosys when they are through consolidation,” he added.
Infosys on July 28 reported an 8.7 percent year-on-year rise in consolidated net profit to Rs 6,921 crore for the quarter ended June 30, 2025, beating Street expectations. Revenue for the fiscal first quarter grew 7.5 percent to Rs 42,279 crore.
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