Infosys Share Price in Focus; Hiring to Continue as CEO Backs AI-Led Growth

Infosys has indicated it will not reduce employee numbers despite wider job cuts across the technology sector, as per news reports.  

Chief Executive Salil Parekh said the company has not undertaken layoffs over the past year and does not expect to do so in the near term.  

The statement comes as several IT firms adjust workforce levels amid increasing use of automation. 

Campus Hiring to Continue 

The company plans to maintain its graduate intake. Around 20,000 freshers are expected to be hired during the current financial year, broadly in line with last year.  

This suggests that entry-level hiring remains part of its operating model even as the nature of work evolves. 

Shift in Nature of Work 

Infosys said artificial intelligence is expected to change job roles rather than reduce overall demand. Tasks assigned to entry-level employees are likely to differ, with greater use of AI tools in coding and development.  

The company is training staff to build software independently and to assess outputs generated by AI systems. 

AI Contribution and Expansion 

AI-related work currently accounts for about 5.5% of Infosys’ revenue and is expanding. The company is investing in internal platforms such as Topaz Fabric to support AI-led delivery.  

It is also increasing collaboration with firms including OpenAI and Anthropic as part of its broader technology strategy. 

Changes to Workforce Structure 

The shift towards AI is expected to gradually alter the traditional pyramid structure seen in IT services. Infosys has begun adjusting hiring and training to include more specialised roles.  

However, any structural change is expected to take place over a longer period rather than immediately. 

Industry Context 

Other companies in the sector have taken a different approach. Tata Consultancy Services (TCS) is reported to be reducing around 12,500 roles. Workforce changes have also been reported at HCLTech, Oracle and Cognizant over the past year. 

Read More: HCLTech Partners with DP World to Drive its Multi-Channel Digital Experience Transformation! 

Infosys Share Price Performance  

As of April 30, 2026, 3:30 pm, Infosys Ltd share price closed at ₹1,182.60, up 1.29% from the previous closing price. 

Conclusion 

Infosys is continuing its hiring plans while expanding its use of AI. The company expects changes in roles and skills requirements, but not an immediate reduction in overall employment levels. 

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