Analysts said the cost optimisation plan was a routine move aimed at reducing wage costs by hiring more freshers. The company’s margins have dropped significantly under CEO Salil Parekh, as it boosted investments to drive growth. The company is, however, now looking at greater cost savings, since a major chunk of its investments has been completed.
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Wednesday, November 6, 2019
Infosys to hire more freshers, targets $150 million in cost savings
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