Mumbai, Jan 13 :
India's Infosys is planning to lay off up to 5,000 employees as the software
services provider looks to cut costs and boost sales, The Economic Times
reported.
The report came as Infosys Ltd executive co-chairman S.
Gopalakrishnan was quoted by other media reports as saying 2013 will be better
than last year for India's IT industry.
Gopalakrishnan was quoted as
saying brighter prospects for the United States and China would help the IT
sector, as he addressed an event for the Infosys Science
Foundation.
Infosys was not immediately available to comment on the
reports.
Infosys shares were up 0.5 percent, in line with the 0.6 percent
gain in the IT sub-index.
Ends
SA/EN
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