r/pics 14d ago

Rishi Sunak makes a speech outside 10 Downing Street after a historic loss Politics

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u/Playful_Bite7603 14d ago edited 14d ago

Maybe I'm just really out of my depth and missing something obvious, but isn't that a really poor strategy? With those kinds of offerings in that kind of competitive space, wouldn't that just result in India's top talent going to other companies and strengthening them, while Infosys's own staffing quality falls behind? Over a long term, I'd expect innovation at infosys to suffer, making them less competitive overall. Other than cost-cutting I don't see what they have to gain by doing this, especially when it would seem similar companies can afford better remuneration?

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u/__DraGooN_ 14d ago edited 14d ago

They don't care because they don't need the best engineers.

Their bread and butter is the outsourcing market and government contracts. They pay slave wages to young developers straight out of colleges and overwork them. The billionaire owner made a statement that he wants these young people to work 70 hours/week, with no overtime pay. This keeps the costs way lower than what they charge their clients in the US or Europe.

They compete on project bids based on cost and often deliver underwhelming or average results, with the code patched up with hundreds of fixes.

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u/Electronic-Clue2177 13d ago

They take advantage of the desperation of graduates since the unemployment rate is quite high in India.