Infosys employee headcount falls marginally in Q1

Infosys reported a marginal decline of 532 employees during the June quarter, indicating that the IT major is moving away from headcount-led growth and focusing more on efficiency-linked metrics such as revenue per employee.

Despite this, Chief Executive Officer Salil Parekh said the IT services firm hired 4,000 freshers during the first quarter. The company retained its target of hiring 20,000 college freshers in FY27.

Following the decline, Infosys’ total headcount stood at 328,062 at the end of June, compared with 328,594 in the preceding quarter, marking a reversal from the growth trend seen in previous quarters.