Infosys denies laying off 500 people

Infosys on Monday said it has laid off “a few” people on grounds of non-performance and disciplinary issues, but denied reports of 500 jobs cuts. “We would like to clarify that there are no layoffs. There have been a few separations that are in response to performance and disciplinary issues, which take place on an ongoing basis,” an Infosys spokesperson said. She added 500 people being laid off is “incorrect and the number is far below”.