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Infosys Will Hire 35,000 College Graduates in 2021-22

By   /  July 14, 2021  /  Comments Off on Infosys Will Hire 35,000 College Graduates in 2021-22

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Bangalore, 14 July 2021: It appears that good times are coming back amid COVID 19 pandemic.  Opportunities are emerging Tech job seekers and fresheners.

Infosys, the second largest Information Technology (IT) company in India, has announced to hire 35,000 college graduates the current financial year.

Pravin Rao, Chief Operating Officer, Infosys said “As the demand for digital talent explodes, rising attrition in the industry poses a near-term challenge. We plan to meet this demand by expanding our hiring program of college graduates for FY 22 to ~35,000 globally.”

“Employee wellbeing is of paramount importance to us and we have had multiple interventions in this regard including facilitating vaccination for them and their dependents. We rolled out several intense employee engagement initiatives including career acceleration opportunities, compensation reviews and learning & development interventions. Our clients continue to be supportive of the multiple initiatives we have undertaken; they value the delivery commitments we have met even during these extraordinary times”, Rao added.

As on 30 June 2021, the total number employees are 2.68 Lakh compared to 2.59 Lakh as on 31 March 2021. Hence, nearly 9000 net employees  were added into the payroll of the company during the quarter ending 30 June 2021.  As on 30 June 2021, the share of women employees are is 38.8%.

Infosys, a global leader in next-generation digital services and consulting, delivered a strong Q1 performance with year on year growth accelerating to 16.9% and sequential growth increasing to 4.8% in constant currency for the quarter ending 30 June 2021.. Large deal flows remained strong with TCV of $2.6 billion in Q1. Operating margin for the quarter was robust at 23.7%, with Free Cash Flows growing by 15.2% year on year

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