Bangalore: Undeterred by the impact of the global meltdown on its revenue and profits, IT bellwether Infosys Technologies and its subsidiaries hired 3,538 people in the first quarter of this fiscal.
With retention remaining high, the company and its subsidiaries saw a net decline of 995 employees during the quarter under review as against a net addition of 1,772 in the previous quarter and 3,192 in the year-ago period.
The company and its subsidiaries currently have 1,03,905 employees as against 1,04,850 at the end of the last quarter last fiscal and 94,379 in the like period a year ago.
"The attrition level has declined to 11.1 per cent in the first quarter from 13.6 per cent in the same period of last fiscal," the company said in a statement.
Of the total employees, 5,609 are trainees.
"We have invested more in training to enhance our productivity. We are also honouring all our earlier offers," Infosys head of human resources and education and research T V Mohandas Pai said.
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