Infosys denies using intimidation tactics on Mysuru campus

IT services company Infosys on Wednesday said it did not use force or intimidation tactics when it laid off trainees at Mysuru campus over performance-related issues, and that it was explaining the circumstances to the labour department authorities. Infosys Mysuru layoffs: Will look into it legally, says Karnataka IT Minister Priyank Kharge Responding to allegations that testing parameters, assessment criteria and syllabus were altered and intimidation tactics were resorted leading to the 300 plus terminations at Mysuru campus recently, Mr. Mathew said given the company invests money and effort to select and put trainees through the training programme “it is in the interest of Infosys to see that all these people are successful, and that is when we are able to put them into our projects”. On the Labour Ministry’s direction to Karnataka State Labour Department to take action, and reports that department officials had followed up with visits to Infosys campuses in Bengaluru and Mysuru, Mr. Mathew said the Labour Department is in touch with the company and Infosys is cooperating with the authorities. V. Balakrishnan, former CFO Infosys and current chairman, Exfinity, a B2B-focused fund said economic headwinds include slowing global demand, shrinking profit margins and rapid AI adoption.