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Infosys layoffs
Restructuring the Success


                            Presented By:
                                            Sushmita Kumari
                                            Sanjeet Singh Thakur
Agenda

•   Introduction
•   Milestones
•   Global Initiatives
•   Infosys Business
    Profile
•   Problem in
    Infosys
•   Resulting actions
•   Future forecast
Introduction

•   Infosys was founded in 1981.
•   Public sector IT Company.
•   Capital of over US$ 4 billion and market
    capital of over US$ 27 billion.
•   Over 120,000 employees.
•   Global offices in 30 countries.
•   Development Centers in India ,
    US,China,Australia,Canada and many more.
•   1st IT Company in India to be listed in
    NASDAQ ( INFY
Milestones

•   1983 - Relocates corporate headquarters to Bangalore.
•   1987 - Opens first international office in Boston, US
•   1993 - Acquires ISO 9001/TickIT certification & Goes public
•   1997 - Infosys is assessed at CMM Level 4
•   1999 - Listed on NASDAQ .21st company CMM Level 5
    certification.
•   2001 - N. R. Narayana Murthy is rated among Time
    Magazine/CNN's 25 most influential businessmen in the world.
•   2004 - Revenues reach US$ 1 billion . Infosys Consulting Inc. is
    launched
•   2005 -.Selected to the Global MAKE Hall of Fame
Global Initiatives
 In 1996, Infosys created the Infosys Foundation.
 In 1997 started the "Catch them Young Programme“.
 n 2002, the Wharton Business School and Infosys started
  the Wharton Infosys Business Transformation Award.
 Since 2004, Infosys has embarked in academic initiatives
  under the umbrella of a program called AcE - Academic
  Entente
 In 2008, Infosys created 'Infosys Mathematics Prize' for
  excellence in Mathematics research
Infosys Business Profile

•   Infosys is a leader in Next generation IT and
    consulting services.
•   It provides IT solution to companies.
•   Its main segments are BFSI, Retail &
    Distribution, Telecom, Manufacturing, Life
    sciences & Healthcare.
•   Helps in streamline the business processes
    to make it profitable.
Problem in Infosys

Reorganization and shuffling of
top management.

Not concentrating on inorganic
growth.

Overstress of largest segment of
Infosys i.e. BFSI.

Poor HR Policies increased Bench
Strength.


Loosing in Consulting field.
Resulting Actions

•   Infosys terminated
    nonperforming
    employees.
•   Promotions and
    Salary hike was
    suspended.
•   Suspension of
    recruitment
    process.
•   Did not forecasted
    future growth.
•   Implemented
    iRace Policy.
Future Forecast




 Stabilization of top     New Implemented          Improvement in
  management will       Infosys 3.0 system will     economies will
         help.              boost growth.         increase the sale.
Thank You

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Infosys layoffs.

  • 1. Infosys layoffs Restructuring the Success Presented By: Sushmita Kumari Sanjeet Singh Thakur
  • 2. Agenda • Introduction • Milestones • Global Initiatives • Infosys Business Profile • Problem in Infosys • Resulting actions • Future forecast
  • 3. Introduction • Infosys was founded in 1981. • Public sector IT Company. • Capital of over US$ 4 billion and market capital of over US$ 27 billion. • Over 120,000 employees. • Global offices in 30 countries. • Development Centers in India , US,China,Australia,Canada and many more. • 1st IT Company in India to be listed in NASDAQ ( INFY
  • 4. Milestones • 1983 - Relocates corporate headquarters to Bangalore. • 1987 - Opens first international office in Boston, US • 1993 - Acquires ISO 9001/TickIT certification & Goes public • 1997 - Infosys is assessed at CMM Level 4 • 1999 - Listed on NASDAQ .21st company CMM Level 5 certification. • 2001 - N. R. Narayana Murthy is rated among Time Magazine/CNN's 25 most influential businessmen in the world. • 2004 - Revenues reach US$ 1 billion . Infosys Consulting Inc. is launched • 2005 -.Selected to the Global MAKE Hall of Fame
  • 5. Global Initiatives  In 1996, Infosys created the Infosys Foundation.  In 1997 started the "Catch them Young Programme“.  n 2002, the Wharton Business School and Infosys started the Wharton Infosys Business Transformation Award.  Since 2004, Infosys has embarked in academic initiatives under the umbrella of a program called AcE - Academic Entente  In 2008, Infosys created 'Infosys Mathematics Prize' for excellence in Mathematics research
  • 6. Infosys Business Profile • Infosys is a leader in Next generation IT and consulting services. • It provides IT solution to companies. • Its main segments are BFSI, Retail & Distribution, Telecom, Manufacturing, Life sciences & Healthcare. • Helps in streamline the business processes to make it profitable.
  • 7. Problem in Infosys Reorganization and shuffling of top management. Not concentrating on inorganic growth. Overstress of largest segment of Infosys i.e. BFSI. Poor HR Policies increased Bench Strength. Loosing in Consulting field.
  • 8. Resulting Actions • Infosys terminated nonperforming employees. • Promotions and Salary hike was suspended. • Suspension of recruitment process. • Did not forecasted future growth. • Implemented iRace Policy.
  • 9. Future Forecast Stabilization of top New Implemented Improvement in management will Infosys 3.0 system will economies will help. boost growth. increase the sale.