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Infosys has trimmed 240 entry level employees. Infosys informed its trainee employees by an email (via) Gave. The email sent on April 18 wrote, ‘Apart from the announcement of your final assessment results, you are being informed that you have not met the qualification criteria in the’ Generic Foundation Training Program ‘despite the time, doubt clearing sessions, many mock assessments and three efforts for additional preparation. Due to which you will not be able to continue your journey for the trainee program.
Further in the email, it was written, ‘We are arranging professional outplacement services for you to help you find opportunities outside Infosys. You also want to provide Infosys sponsored external training and career option to prepare you for possible roles in the BPM industry. At the end of training, Infosys can also apply for opportunities available in BPM Limited. At the same time, if you want to enhance your IT skills, then you are also being provided Infosys sponsored IT Fundamentals Training Program so that your IT career journey can be supported further. Explain that trainee employees will also get a month’s salary, stay arrangement, travel rent from Mysore Training Center to Bengaluru or your hometown.
Behind the sorting, the company aims to coordinate with the market conditions. According to the company, it has received very few orders in the current financial year, due to which its profits have been estimated by only 0 3 percent. The company had to take a step for trimmed due to the slowdown in the sector. According to the report, clients are cutting costs in markets like the US and Europe. As a result, the number of contracts received by the company has reduced.
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