Infosys hires 5,000 employees in Q4; net additions just 1,772 | business | Hindustan Times
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Infosys hires 5,000 employees in Q4; net additions just 1,772

Software services provider Infosys Technologies today said it has hired close to 5,000 employees in the first three months of this year, but net additions were just 1,772 to its headcount after taking into account attrition and other factors.

business Updated: Apr 15, 2009 14:14 IST

Software services provider Infosys Technologies today said it has hired close to 5,000 employees in the first three months of this year, but net additions were just 1,772 to its headcount after taking into account attrition and other factors.

The total headcount of Infosys and its subsidiaries stood at 1,04,850 employees as on March 31, 2009, the company said in a statement. "During the quarter, Infosys and its subsidiaries added 4,935 employees (gross). The net addition during the quarter was 1,772," it stated.

In the entire financial year ended March 31, 2009, the company took on board 28,231 employees, but the net additions for the year were just 13,663. "The year ahead would be challenging on the people front. Our continuous investment in capability development, training and certification would make us more competitive. We have tightened our performance management system to create a more focused workforce," Infosys Head-HRD and Education Research TV Mohandas Pai said.