Infosys lays off mid, senior level executives

Infosys, like Cognizant, is laying off people, and in a similar fashion – a targeted move to reduce some of the perceived fat. Infosys is letting go of 10% of the workforce, or around 2,200 people, in the JL6 band (job level 6), an internal job code for senior managers. It might lay off 2-5% of the workforce at the associate (JL3 and below) and middle (JL4-5) levels.

from Times of India https://ift.tt/34Bs1DX