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Infosys CEO Salil Parekh confirms that there will be no layoffs due to the company's focus on GenAI, with a plan to pivot towards a GenAI-first approach and invest $18.6 billion in this direction. Parekh aims to hire and develop expertise in generative AI to enhance services for global enterprises.
Will AI integration lead to layoffs at Infosys? CEO Salil Parekh answers https://t.co/1ktFDMSYfW
Salil Parekh said Infosys will continue hiring and developing expertise in generative AI to better serve global enterprises. #ArtificiallyIntelligence #news https://t.co/hcqTzLGSAU
🚨 Interview | Infosys CEO Salil Parekh Infosys is pivoting to a GenAI first company, Salil Parekh, CEO and managing director of India’s second-largest software services firm told ET. The 59-year-old said his spare time is devoted to experimenting with different AI tools.
