Infosys appointed Nitin Paranjpe as non-executive vice chairman to strengthen governance and strategic oversight. CEO Salil Parekh said the company does not expect layoffs despite AI-driven changes in the IT sector. Chairman Nandan Nilekani stressed the move does not signal a leadership transition but aims to support long-term strategy.
Infosys has named Nitin Paranjpe as its non-executive vice chairman. The move comes as the IT services giant continues to strengthen its leadership structure amid evolving strategic priorities. This comes just a day after the CEO of Infosys Salil Parekh has said that the company does not anticipate layoffs in the near future, even as AI continues to transform the global IT services industry.
In a recent interaction, Parekh indicated that the company has not undertaken job cuts over the past year and does not expect to do so going forward, despite the growing role of automation and AI in software development and delivery, and its IT competitors laying off employees by the thousands.
Paranjpe, who has previously served on the Infosys board, will support the chairman in guiding the board and the company’s strategic agenda.
Nilekani says 'no transition planned'
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