1,000 Verizon employees to move to Infosys [telecom]

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By Shilpa Phadnis  

Bengaluru - Around 1,000 Verizon employees in the U.S. and India are
expected to transition to Infosys beginning [in] October. This follows
the $700-million IT outsourcing deal Infosys won from the U.S. telecom
giant, about which TOI reported last week.

Infosys will initialy rebadge a few hundred employees, who are subject
matter experts, and is expected to offer them comparable and com-
petitive compensation. Some employees fear that if they resist the
offer, they could be laid off. Some are concerned about the quantum of
severance payout.

https://timesofindia.indiatimes.com/business/india-business/1000-verizon-employees-to-move-to-infosys/articleshow/66021423.cms

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Bill Horne
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