Tarun Reflex

October 11, 2008

Infosys headcount touches 1-lakh mark

Notwithstanding the pressure on the IT job market from fears of an economic slowdown, IT major Infosys has become the secondtechnology firm in the country to cross the one-lakh employee mark after industry leader TCS.
Infosys and its subsidiaries added 10,117 employees in the second quarter of this fiscal that ended on September 30, taking the total head-count to 1,00,306 employees, Infosys said on Friday after announcing its quarterly results.

“We reached the milestone of crossing 1,00,000 employees,” said T V Mohandas Pai, Head HRD and Education Research and Member of Board.

The net addition for Infosys stood at 5,927 during the second quarter. Analysts feel that due to a slowdown in the US economy, Indian IT companies, who mostly depend on the US market for their revenue, had postponed joining dates of new recruits, raising doubts about their future.
However, the IT giant joining the big leagues of one-lakh plus employers would send some positive signals in the job market, they added.

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