Infosys layoffs not coming any time soon, says CEO Salil Parekh: ‘Growth back’

Infosys CEO Salil Parekh said generative AI is evoking strong interest from clients and there is a huge mobilisation of GenAI within the company as well. However, he asserted that the company is not likely to conduct any layoffs owing to new-age technologies. On the USD 3.9-billion GST tax demand, Parekh said Infosys has already given out updates and made disclosures in the market and has no further update to share.