Posts

Showing posts with the label Vishal Sikka

A Disappoint letter of Infosys CEO to all Employees !

Image
Vishal Sikka, CEO, Infosys sent a letter to the company's 1.97 lakh employees, detailing what went wrong with the company's performance in the first quarter of this year which resulted in downgrading its annual sales forecast, especially after impressive growth in the past few quarters. Sikka said he was 'disappointed' with the company's performance, and said he is taking steps to fix it. Here's the letter (complete text) Sikka sent to Infosys' employees: Friends, The first quarter of our new financial year was a revelation in many ways. I view the reaction by the markets and the media as a clear sign of the high standards our company is held to, the expectations we carry, even though everyone understands that a 90 day cycle means little on a long journey. I am disappointed. Disappointed that our revenue performance was not what we could have delivered, but even more so, that this overshadowed the many strong strides we made on executing our stra