Tech layoffs: Infosys CEO says company is not ‘downsizing’, no job cuts expected

Infosys CEO Salil Parekh said that the company has no plans to cut jobs amid layoffs in the tech industry. In an interview with CNBC-TV18, he said that Infosys will not follow the trend of downsizing and the company is more focussed on integrating various technologies, including GenAI as technological advancements will create more opportunities rather than eliminate jobs.