Why is there an exodus at Infosyss?

Mangalore Today News Network

MUMBAI , May 11, 2014 - Infosys Ltd(INFY.NS), once an industry leader for India’s $100 billion-plus IT outsourcing industry, is losing its top place as the employer of choice for a generation of young IT workers, with staff leaving at an unprecedented pace as the Bangalore-based company struggles to regain ground lost to rivals.

Current and former Infosys staff interviewed by Reuters say morale has been dented by a series of senior management exits and worries about career prospects as the company’s revenue and pay increases grow at a slower rate than competitors such as Tata Consultancy Services Ltd (TCS) (TCS.NS) and so on.