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Salil Parekh
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Salil Parekh

Chief executive officer of Infosys.

Salil Parekh, chief executive of Infosys, reported 328,062 staff at 30 June 2026, down 532 on the quarter but up 4,274 on the year, as the company hired over 4,000 campus graduates without attributing headcount to AI.

Last refreshed: 27 July 2026 · Appears in 1 active topic

Key Question

Why is Infosys hiring graduates while its outsourcing rivals cut staff?

Timeline for Salil Parekh

#18 22 Jul

Framed the quarter around cautious client spending

AI: Jobs, Power & Money: Infosys lands between TCS and Wipro
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Background

Salil Parekh is chief executive of Infosys, India's second-largest IT services company.

Reporting results on 23 July 2026, he framed a quarter of cautious client spending even as those same clients invest heavily in AI, and trimmed the top of Infosys's full-year revenue outlook citing macroeconomic uncertainty . Infosys reported 328,062 staff at 30 June, down 532 on the quarter but up 4,274 on the year, hired more than 4,000 campus graduates and reaffirmed a 20,000 target for the financial year.

Parekh did not attribute the headcount change to automation. Alongside TCS's steeper cuts and Wipro's zero-fresher pledge, Infosys is absorbing AI through attrition and campus hiring rather than layoffs.

Key Issues
IT services headcount

Parekh held headcount through hiring

Salil Parekh, chief executive of Infosys, India's second-largest IT services company, reported results on 23 July 2026 showing 328,062 staff at 30 June, down 532 on the quarter but up 4,274 on the year, with attrition rising to 13% from 12.6% .

He framed the quarter around cautious client spending even as those same clients invest heavily in AI, and trimmed the top of Infosys's full-year revenue outlook citing macroeconomic uncertainty. Parekh did not attribute the headcount change to automation, hiring more than 4,000 campus graduates in the quarter and reaffirming a 20,000 target for the financial year.

Common Questions
Who is Salil Parekh?
Salil Parekh is chief executive of Infosys, India's second-largest IT services company.Source: event
How many staff does Infosys employ?
Infosys reported 328,062 staff at 30 June 2026, down 532 on the quarter but up 4,274 on the year.Source: event
Did Infosys blame AI for its headcount changes?
No; Parekh framed the quarter around cautious client spending and gave no automation attribution for the headcount line.Source: event
Why did Infosys cut its revenue outlook?
Parekh trimmed the top of Infosys's full-year revenue guidance citing macroeconomic uncertainty, even as clients invest heavily in AI.Source: event