India, July 30 -- In contrast to TCS's sweeping job cuts, Infosys is taking a different path, as CEO Salil Parekh has made it clear that layoffs are not on the agenda.
Additionally, Infosys's strategy isn't limited to hiring.
Parekh's statement came at a time when it was feared that other major IT players might follow suit.
Infosys is also looking inward to create opportunities by consolidating client relationships, a move that mirrors its approach during its previous digital transformation-realigning teams toward emerging demand.
The company recently updated its FY26 guidance, nudging the lower end of its growth estimate from 0% to 1%. The revised range of 1% to 3% in constant currency may appear modest but reflects current market he...
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