Infosys, one of India's largest tech companies has reportedly fired hundreds of interns or freshers from its training campus.
This development came to pass in the Mysuru campus of the Bengaluru-based company.
700 Fired
This news has emerged at a time when the debate over working hours and the number of working hours progresses in different dimensions. This debate incidentally was initiated by Infosys founder Narayan Murthy, who pioneered the 70-hour workweek philosophy.
When it comes to the reported firing, this was done after the company conducted an internal assessment on the company campus. These individuals failed this internal assessment.
Infosys Refutes Claims
As according to an Infosys statement on the matter, the company clarified that a number of freshers fired stands at around 300 that the company has not forcefully terminated anyone.
The point of contention arrives due to claims from IT-sector union Nascent Information Technology Employees Senate (NITES).
NITES has claimed that Infosys has let go of over 700 employees. Many others have pegged their estimates in the upward direction of 400-500.
As per reports, this is a part of the company's rigorous process to vet the candidates in the hiring process. Every candidate is given 3 attempts to pass the internal assessment test. | IANS
In this light, the company's claims is a great significance. It, however, needs to be noted that the company has not rejected to claims of mass-firing.
As according to a report from the Deccan Herald, the union claims that Infosys called these workers into meeting rooms at its Mysuru site on Friday and forced them to sign "mutual separation" letters under duress.
As per reports, this is a part of the company's rigorous process to vet the candidates in the hiring process. Every candidate is given 3 attempts to pass the internal assessment test.
Company Shares
On Friday, Infosys shares closed on Rs 1,901.10, declining by Rs 14.55 or 0.76 per cent. In the past month of trade, the company shares have dipped by Rs 32.05 or 1.66 per cent.
