India’s Infosys denies report of firing 5,000 staff

A general view shows workers at a cafeteria inside a building at the Infosys campus at the Electronic City area in Bangalore(Reuters) – India's Infosys Ltd said on Friday a newspaper report it was planning to fire up to 5,000 poorly performing workers was "wrong", although it encourages "chronic underperformers" to leave as part of its routine staff management. The Economic Times newspaper had earlier said Bangalore-based Infosys, India's second-largest software services exporter and an icon in the country's $ 100 billion outsourcing sector, was sacking up to 5,000 workers to trim costs. …

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