Infosys may hire more in US or buy local firm | Hacker News Reader

Infosys may hire more in US or buy local firm

thehindubusinessline.com

15 pointsniyazpk11 comments

In a recent interview, a top Infosys official told Business Line that the company would hire more laterals in the US, and expects no cutbacks on tech spending there even as stimulus funding tapers off.

I've worked with Indian oursourcing companies before but I wasn't aware the term "laterals" is common vocabulary. Does this mean hiring more US citizens/perm residents to work laterally with the offshore workers? I thought that meant they would place more Indian workers in lateral positions on H1b visas to work with offshore teams.

When they say "laterals", they mean non-freshers

And when they say "freshers" they mean novices.

Infosys make only 2% money from selling software. 98% money they made by selling consulting viz bribing clients, exploiting engineers and manipulating stock prices.

[Citation needed]

I wonder why they don't make all of the money this way.

Revenue from selling software aka Finacle = $200 million http://goo.gl/WBl7

Revenue from selling consulting = $4.67 billion http://en.wikipedia.org/wiki/Infosys

Indians (not just Infosys) among most corrupt while doing business abroad http://goo.gl/QaDI

Infosys is a chop shop http://en.wikipedia.org/wiki/Infosys#Controversy

Any credible sources to back that?

I've replied in the above thread.

>> Infosys make only 2% money from selling software. 98% money they made by selling consulting viz bribing clients, exploiting engineers and manipulating stock prices.

Please provide your sources. And if you don't provide them, I will assume you are just one of the many stupid fellow Indians who like to make shit up and bitch about it for no reason. And don't forget this isn't one of your regular comment and forget websites and forums you visit regularly. I did see your comments and I must say that are not enlightening.

"If you want to tell people the truth, make them laugh, otherwise they'll kill you." --Oscar Wilde

That's a good one, but I bet Wilde didn't say it. It sounds too post-Lenny-Bruce.

  If, with the literate, I am
  Impelled to try an epigram,
  I never seek to take the credit;
  We all assume that Oscar said it.

(Dorothy Parker)

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