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Infosys lays off mid, senior level executives

Source | timesofindia.indiatimes.com | Shilpa Phadnis

BENGALURU: Infosys, like Cognizant, is laying off people, and in similar fashion – a targetted move to reduce some of the perceived fat, particularly in the middle and top, and flatten the organisation.

The company 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. Infosys has 30,092 employees in the JL6, JL7 and JL8 bands.

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