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Infosys Rejects Layoffs, Plans 20,000 Campus Hires As AI Work Grows

The pledge signals a shift toward reskilling over job cuts during the AI rollout across IT services.

Overview

  • CEO Salil Parekh said on Thursday that Infosys will not cut jobs, setting a clear stance as artificial intelligence changes how software work gets done.
  • The company expects to onboard about 20,000 fresh graduates this year, matching last year’s intake from Indian campuses.
  • Infosys is retraining engineers to build code the traditional way and with foundation models, and to review and improve AI‑generated code for quality and security.
  • AI work contributes roughly 5.5% of revenue, and the firm is scaling projects through partnerships with OpenAI and Anthropic and through its internal Topaz Fabric platform.
  • The approach contrasts with peers like TCS, HCLTech, Oracle and Cognizant that have cut staff, and Parekh said AI could shift the old entry‑heavy pyramid toward a diamond with more mid‑level specialists.