Infosys completes localisation target for US, hires 10,000 employees
Infosys has completed its localisation target for the United States by hiring 10,000 employees by the end of June quarter. The tech major is planning to raise the number of locals in the coming quarters in an effort to build an employee pyramid.
The US, contributing more than 60 per cent of Infosys’ total revenue, is the most critical market for the firm. With increasing restriction on employee movement owing to H1B visa restriction, all IT firms are building up local employee base in the US for efficient delivery. While pointing out that the company would continue to hire locals, Chief Operating Officer U B Pravin Rao (pictured) said there were no new numbers to announce at this point. He was speaking after the second largest IT company announced its FY20 results on Friday.