Infosys won’t cut jobs despite AI shift, says CEO Salil Parekh

Mumbai: Even as artificial intelligence reshapes the global IT services industry and triggers workforce restructuring at several companies, Infosys, CEO Salil Parekh has made it clear that the tech giant does not plan to follow that path.

Parekh said the company has not carried out layoffs in the past year and does not see any such move ahead, even as automation and AI tools become more central to how software is built and delivered. “We have not done any layoffs in the last year and we don’t see anything of that sort coming up,” he said.

Parekh described the ongoing AI transition as a structural shift in the industry, but not one that will immediately reduce jobs. “AI is expanding the scope of work, not shrinking it,” he said, adding that while the nature of roles will evolve, demand for talent will continue.

This comes at a time when several IT firms have taken a different route. Companies like TCS, HCLTech, Oracle and Cognizant have either announced or carried out workforce restructuring in the past year as they adjust to automation-led efficiencies. Instead of cutting jobs, Infosys plans to maintain its hiring momentum.

Parekh said the company will onboard around 20,000 fresh graduates this year, similar to last year’s intake. The move signals that the company continues to rely on a strong base of entry-level talent, even as AI tools begin to change how work is done.