Infosys doubles down on Rhode Island, commits to 1,000+ employees in the Ocean State
Providence, Rhode Island – September 10, 2020
Infosys (NYSE: INFY), a global leader in consulting, technology, and next-generation services, today joined Rhode Island Governor Gina Raimondo and Commerce Secretary Stefan Pryor to announce that it plans to hire 500 additional tech workers in Rhode Island by 2023. These 500 new employees are part of Infosys’ broader workforce commitment and its recent announcement to hire 12,000 additional workers in the country, bringing the total national commitment to 25,000. In 2019, Infosys opened its Digital Innovation and Design Center in Providence, Rhode Island.
"Rhode Island’s strong leadership, positive business climate, and innovative spirit are exactly what Infosys looks for in a host community," said Ravi Kumar, President, Infosys. "We are excited to increase our commitment to the State and continue nurturing design-focused specialists, as well as tech talent to serve the needs of our clients in the U.S."
"Infosys has been a critical partner to Rhode Island since setting up shop in Providence two years ago," said Governor Gina Raimondo. "I’m grateful for their contributions to our state, including this commitment to 500 additional tech jobs by 2023, recent work to launch the "CRUSH COVID RI" application that is helping get the pandemic under control, and participation in Back to Work RI. I look forward to continuing to work together to create opportunities for Rhode Islanders in the years to come."
The new employees will work on a variety of tech-focused roles, and Infosys’ recently launched Reskill & Restart program will be among the channels used to recruit and train employees. This new initiative, explicitly aimed at reskilling workers who have been economically impacted by the COVID-19 pandemic, begins with an aptitude and skills assessment, followed by curated job-specific skills training, and culminates in matching them with available positions.
Infosys is a global leader in next-generation digital services and consulting. We enable clients in 46 countries to navigate their digital transformation. With nearly four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.
Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.
Certain statements in this release concerning our future growth prospects, financial expectations and plans for navigating the COVID-19 impact on our employees, clients and stakeholders are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding COVID-19 and the effects of government and other measures seeking to contain its spread, risks related to an economic downturn or recession in India, the United States and other countries around the world, changes in political, business, and economic conditions, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our industry and the outcome of pending litigation and government investigation. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2020. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
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