BENGALURU: The country’s second largest software services company – Infosys – has terminated the services of non-performing employees at multiple levels as part of its involuntary attrition, a company source said on Tuesday.
“As a high performance organisation, involuntary attrition is integral to normal course of business and this (sacking) should not be interpreted as any mass trimming across any level in particular,” said the city-based IT behemoth in an e-mail to IANS.
Terming a media report on involuntary attrition speculative with unofficial numbers (data points), the source clarified that the company was not laying off thousands of its employees at multiple levels.
“The media report is a mere speculation and denationalisation with wrong data points, which the company never shared,” the source asserted.
Involuntary attrition, a jargon used by the companies for firing or sacking employees for not measuring up to its expectations or high standards of performance, has been taking place at the company over a few quarters.
“This is not laying off, if you don’t perform for two years or two quarters or whatever then you are asked to go, it’s a performance related thing,” the source pointed out.
Infosys rival, Wipro, also based in Bengaluru, regularly discloses its employment metrics the number of software engineers who resign on their own for various reasons and those who quit involuntarily when they are found non-performing.