Don't be distracted by gossip about Infosys: Sikka to workers

Don't be distracted by gossip about Infosys: Sikka to workers
Putting an end to the speculation, Infosys Chief Executive Officer Vishal Sikka on Thursday asked employees not to get distracted by speculations that question the company’s commitment to “governance, integrity and values”.

In a letter issued to employees, accessed by DH, he stated, “Over the last few weeks, many of you have reached out with your observations on the things going on around us, the clear signs of a changing context for Infosys and the IT services industry, and in particular, the Indian IT services industry.”

He asked the employees to keep a “sharp focus” on executing the company’s strategy, which is bolstered by its services like Mana, Skava, Edge, Panaya and cloud services.

“There is no second-guessing our deep commitment, passion and dedication to transforming this great company, even within the unprecedented new context that we find ourselves in. We are doing this. We will do this. Together!” he said.

Sikka said Infosys’ revenue growth, which previously underperformed the industry growth by 50% about two years ago, is now in line with overall industry growth.

In a statement sent to DH, Infosys also denied any governance lapses alleged by some sections of the media in reports that have appeared in the last few days on purported rifts among the founders, the board and the management.

According to a statement by Infosys Chairman R Seshasayee, he said the company is in the process of a formidable transformation journey. “The Board is fully aligned with the strategic direction of Vishal Sikka and is very appreciative of the initiatives taken by him in pursuance of this transformation” he stated.

Chairman of the Nomination and Remuneration Committee, Jeff Lehman, said, “The members of the Board are deeply engaged with the company and spend considerable time on the affairs of the company.”
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