![\"\"](\"\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
The company’s margins have dropped significantly under CEO Salil Parekh<\/a>, as it boosted investments to drive growth.
The company is, however, now looking at greater cost savings, since a major chunk of its investments has been completed.
“There are 21 tracks we are looking at for cost-optimisation. We are targeting $100-$150 million in cost savings as the year goes on,” chief financial officer Nilanjan Roy said on Wednesday.
Roy said the firm was focused on improving the bottom-end of its pyramid, which had become more barrel-shaped, by hiring freshers<\/a>.
It was also looking to recreate the pyramid onsite through fresher hiring<\/a>, he added.
Infosys<\/a> has hired 1,700 freshers in the US and Europe in the past year.
Roy said the company would move to an asset-lite model for new infrastructure.
Analysts said the cost optimisation plan was a routine move aimed at reducing wage costs by hiring more freshers. “Cost optimisation happens every year through one or other measure. It is not that such a saving is new. They have used wage rationalisation by hiring freshers in the past. But it is good that the company has quantified it this time and that gives a little bit of comfort in profitability,” said a senior IT sector analyst with a brokerage firm.
The company, however, said it had no plans for layoffs<\/a>. “There is no planned layoff. We have performance reviews and people who are not performing are asked to leave. This is normal, there is no targeted layoff,” chief operating officer UB Pravin Rao said.
On October 11, Rao told analysts that the attrition in the second quarter for tech services — both voluntary and involuntary — was about 19.4%. “If you look at voluntary alone it is about 18%,” he said.
Voluntary attrition is when people leave the firm for other opportunities, while involuntary is forced.
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印孚瑟斯雇用更多的新生,目标1.5亿美元的成本节约
分析师表示,成本优化计划是一个常规的举动旨在减少工资成本通过雇佣更多的新生。该公司的首席执行官Salil帕克尔下利润率大幅下降,因为它提高了投资来推动经济增长。然而,该公司现在看更大的节约成本,因为其投资的主要部分已经完成。
该公司的首席执行官下利润率大幅下降Salil帕尔克,因为它提高了投资来推动经济增长。
然而,该公司现在看更大的节约成本,因为其投资的主要部分已经完成。
“有21 cost-optimisation跟踪我们看。我们在成本节省100 - 1.5亿美元的目标,今年继续,”首席财务官Nilanjan罗伊周三表示。
罗伊表示,公司专注于改进指导价区间的金字塔,这已经成为更多的筒状的,由招聘新生。
也希望重新创建金字塔现场新鲜的招聘,他补充说。
印孚瑟斯已经雇佣了1700名新生在美国和欧洲在过去的一年。
罗伊表示,该公司将搬到一个asset-lite模型新的基础设施。
分析师表示,成本优化计划是一个常规的举动旨在减少工资成本通过雇佣更多的新生。“成本优化每年都会发生在一个或其他措施。这并不是说这样的储蓄是新的。他们利用工资合理化招聘新生在过去。但它是好的,这次公司量化,给一点安慰的盈利能力,”一名高级it行业分析师表示,经纪公司。
然而,该公司表示,它没有计划裁员。“没有裁员计划。我们有绩效考核和不执行的人被要求离开。这是正常的,没有针对性的裁员,”首席运营官乌兰巴托普拉文·拉奥说。
Rao告诉分析师,10月11日,在第二季度的摩擦技术服务——自愿和非自愿——大约19.4%。“如果你看看自愿仅是18%,”他说。
自愿离职是当人们离开公司其他的机会,而非自愿是被迫的。
