Infosys has been telling (or boasting) all along that it will honour all its promises of job offers made out to the campus recruits (close to some 16000). Infosys has also got a huge bench of over 25000 staffs. So if Infosys is to be believed they will have 41000 free people to be employed in this financial year on various project (this figure may be little less if attrition is to be factored in). This tells that the company must have so much work coming its way (pipeline in industry jargon) in near future which can absorb all new and existing bench employees. There is also news that more staff would come off project this year.
But in contrast, Infosys itself has been telling that there will be almost no growth (projected 1.5% in rupee terms) in current financial year. Now we hear that company has asked its employees who are on the bench to work for its BPO arm. I understand that if company do not have enough work then it should ask employees to work for associate companies. This way jobs are saved, employees get to learn new skills and associate companies get resources when required without recruiting from outside. But what’s point in sending your existing employees to associate companies against their wishes and recruiting new (which Infy is doing by honouring its campus promises). If company does not have enough work why should it hire more which impacts job securities of its existing employee, severely impacts company financial affecting shareholders.
There is a famous saying in Ramayan “Jaan Jaaye par wachan na jaaye” (Keep your promise even at cost of your own life). Infosys seems to be following this saying, but with a little twist. Twist is that if life has to go it will not be its own but that of its employees. How unethical!