Infosys headcount falls by 532 employees in June quarter

Indian IT services company Infosys saw its employee count drop sequentially by 532 in the first quarter, with the total workforce tally at 3,28,062.

The Bengaluru-headquartered company said it hired over 4,000 college graduates in the just-concluded quarter. Overall, it plans to recruit 20,000 college graduates this fiscal, similar to the previous year.

“This year we have a plan to recruit 20,000 college graduates. We have already done over 4,000 in the first quarter. But equally, we see that there is a productivity benefit that will continue to come through…,” Infosys CEO Salil Parekh said.