Infosys exits North Carolina project that promised 2,000 tech jobs in Wake County [Yahoo! Finance]
Infosys Limited American Depositary Shares (INFY)
Last infosys limited american depositary shares earnings: 4/21 04:00 pm
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Source: Yahoo! Finance
Facilitating these jobs was a state job development investment grant worth up to $22.4 million in payroll tax benefits. On Tuesday, the North Carolina Economic Investment Committee terminated Infosys' incentive deal, 11 days after the company informed state officials it would not achieve its local jobs target. “We have made significant progress in hiring hundreds of new technology workers across North Carolina since we opened our Technology and Innovation Hub in 2018,” Infosys executive vice president Anant Adya informed the state committee in a Dec. 6 letter. According to state records, Infosys has created 562 jobs in Wake County through its 2017 grant while retaining 1,162 jobs statewide. To date, North Carolina has not distributed any grant payments as the company only reached 35% of its hiring requirement. To comply with its grant, Infosys had to create at least 1,600 jobs (with 2,000 being its target). Though the company's initial hiring timeline was five years, North Car
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News
- India's Tech Mahindra aiming for bigger bite of bank tech spends, CEO says [Yahoo! Finance]Yahoo! Finance
- Inside India's 'Silicon Valley' [Business Insider]Business Insider
- Infosys Achieves Binding Corporate Rules Certification from EU Data Protection Authorities [Yahoo! Finance]Yahoo! Finance
- Infosys Achieves Binding Corporate Rules Certification from EU Data Protection Authorities [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Infosys Achieves Binding Corporate Rules Certification from EU Data Protection AuthoritiesPR Newswire
INFY
Earnings
- 10/18/24 - In-Line
INFY
Sec Filings
- 12/2/24 - Form 144
- 12/2/24 - Form 6-K
- 11/18/24 - Form 6-K
- INFY's page on the SEC website