No layoffs from GenAI; discretionary spending unchanged: Infosys CEO

Infosys has not considered any form of job cuts, such as rightsizing or downsizing, as a result of adopting generative AI (GenAI), CEO Salil Parekh told CNBC-TV18. “Infosys is not looking at rightsizing, downsizing, or any kind of job cuts as has happened with others in the industry due to GenAI,” he said.

Parekh emphasised that unlike other companies, Infosys views technological advancements as an opportunity for expansion and growth, not as a means to reduce workforce.