Infosys had earlier set a target for increasing it’s resource base this financial year. They have quoted recently that they are comfortably on their way to achieve their mark. This surely showcases a positive ending to this financial year as far as demand and outsourcing is concerned.
During the October-December 2011 period, the company hired 9,655 employees, while nearly 6,389 exited the organization during the period, taking the net addition to 3,266.
“The attrition rate has come down from 17.4 per cent in October—December period of 2010, to 15.4 per cent in the quarter under review,” Infosys’ Member of the Board and Chief Financial Officer, Mr V Balakrishnan said.