
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
The bonuses are primarily for junior and mid-level staff, and range from 0% to those rated “needs improvement” and 83% to those rated “outstanding”. The bonuses will be rolled out in the May
payroll cycle. “Amidst the complex macro-economic environment in the fourth quarter, we remained client-focused and responsive to market needs,” Infosys wrote in an internal email, as seen
by Moneycontrol.
The developments come a month after the board approved the grant of employee stock option plans (ESOPs) of about ₹50 crore to its CEO, Salil Parekh, along with granting 5,000 restricted
stock units (RSUs) to eligible employees. Last month, the IT services major reported an 11.7% year-on-year decline in its net profit to ₹7,033 crore for the quarter ended March 31, 2025.
Meanwhile, its revenue jumped 8% to ₹40,925 crore for the fourth quarter.
Late last month, Infosys decided to let go of 195 trainees after they failed to meet the qualifying criteria in internal assessments, as per an official email that was reviewed by Fortune
India, making it the latest round of such departures since February, bringing the total number of trainees impacted to nearly 600.
On April 18, 240 were terminated, while March saw the exit of around 30 to 35 trainees. In February, the country’s second-largest information technology firm axed 300 trainees. Infosys
communicated the decision on April 29, noting that despite extended preparation time, mock assessments, and support sessions, the trainees had not cleared the Generic Foundation Training
Program.
The affected trainees were offered a choice between two company-sponsored external training programmes: a 12-week course for potential roles in Business Process Management (BPM), and a
24-week course in Information Technology fundamentals. Out of all those affected, 250 trainees have availed of these upskilling courses, across both UpGrad and NIIT. Furthermore, 150 more
have registered for outplacement.