 |  |  |  |  |
Infosys pulls out of Russia
| |||||||||
|
Infosys pulls out of Russia
| | |||||||
 |
 |
| | Thread Tools |
15th April 2022, 09:56
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,812
 |  Infosys pulls out of Russia Might settle UK political storm Indian IT services giant Infosys is pulling out of Russia, in a move which might solve a political storm in the UK. Yesterday's Q4 2022 earnings call CEO Salil Parekh stated the company will pull out. Parekh told investors Infosys has around has 100 employees in the nation, all working for global clients. Infosys has no engagements with Russian entities, the CEO added. Parekh said Infosys has decided to move the work performed by staff in Russia to other unspecified locations. The fate of those staff was not discussed. Infosys has also donated $1 million towards Ukrainian relief efforts and is "launching a programme to digitally re-skill up to 25,000 individuals." https://fudzilla.com/news/54701-info...-out-of-russia |
|  |
|
Similar Threads | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Lumen pulls out of Russia | Stefan Mileschin | WebNews | 0 | 10th March 2022 10:57 |
| iFixit pulls the PS5 completely apart | Stefan Mileschin | WebNews | 0 | 14th December 2020 06:34 |
| Xiaomi pulls the Mi MIX smartphone out of its hat | Stefan Mileschin | WebNews | 0 | 26th October 2016 08:20 |
| LG pulls smartwatch | Stefan Mileschin | WebNews | 0 | 20th November 2015 20:36 |
| Infosys pays $200 million for US firm | Stefan Mileschin | WebNews | 0 | 17th February 2015 06:35 |
| Infosys beats Wall Street predictions | Stefan Mileschin | WebNews | 0 | 10th January 2015 06:42 |
| Infosys founders sell $1 billion of shares | Stefan Mileschin | WebNews | 0 | 10th December 2014 08:56 |
| Beats Electronics pulls away from HTC | Stefan Mileschin | WebNews | 0 | 30th September 2013 06:50 |
| Infosys harassment claims dismissed by judge | Stefan Mileschin | WebNews | 0 | 22nd August 2012 06:26 |
| Intel pulls ATI bus licence | jmke | WebNews | 1 | 24th July 2006 13:36 |
| Thread Tools | |
| |
