Infosys net hiring falls 46% in FY 2023, these are the numbers

India’s second-largest IT company Infosys witnessed a 40%-plus fall in net hiring during the fiscal year 2023 vis-a-vis fiscal year 2022. For the full year (FY2023), the net hiring number at Infosys stood at 29,219, down 46% from the 54,396 employees hired by the company over the whole of FY2022. Infosys reduced its headcount by 3,611 employees on a net basis during the quarter ended March, with the overall headcount at 343,234. The company had hired 1,627 candidates in the previous quarter.

Infosys PAT rises 8% year-on-year
Infosys reported 8% year-on-year (YoY) growth in consolidated net profit to Rs 6,128 crore for the quarter that ended March 2023.