back to article Infosys loses ten-year, $1.5 billion contract announced just three months ago

Infosys has lost a ten-year, $1.5 billion deal it announced just three months ago in September 2023. The Indian services giant advised [PDF] investors of the deal on September 14th, describing it as “a Memorandum of Understanding with a global company to provide enhanced digital experiences, along with modernization and …

  1. Anonymous Coward
    Anonymous Coward

    Serves the bastards right

    Infosys is the company that employed me as a consultant for two days. That's how long it took for me to tell them what their proposed project would involve, and for them to say "bugger that, we'll cancel the whole thing. Bye."

    Oh well, I did get paid for the time. But it didn't leave me with a lot of affection for them.

    1. Anonymous Coward
      Anonymous Coward

      Re: Serves the bastards right

      I worked there for a time. The whole business model is built on cheap ass labour in India and elsewhere. Got a problem? Fuck it throw 30 more people at it. 30 more people in a country with a class system that allows you to treat them like absolute shit and they did. Very little innovation or common sense but hey you outsourced so now you're stuck with us. Massive attrition rates and loss of knowledge. It took me 4 months to get the knowledge required to do what I needed to and most of it came from the client because most of the staff were useless. I could go on but I'll leave it at that. You were lucky.

      1. Anonymous Coward
        Anonymous Coward

        Re: Serves the bastards right

        "Worked" for them for about 3 months.

        Took about half that time to find out which programme I was actually assigned to.

        Never spoke with any colleagues or managers on said programme.

        Tried, almost daily for just over the first month to track them down internally (the people that interviewed me/the ones who sent the laptop etc) and externally (the agency). No luck.

        After that I tried roughly a couple of times a week.

        I remained signed into Teams and available all that time.

        They terminated my contract stating that as I'd "purposefully made myself unavailable", they would not be paying the last month. Because I was expecting something like that I had copies of all the Teams messages, WhatsApp and texts, and emails I'd sent along with asking them to show where I was not logged into Teams or the times outside of lunch etc when I was not showing available.

        With no further correspondence I got paid for the final month.

        That was all weird enough in and of itself, but when I started another role I bumped into a guy who they'd done precisely the same thing to. Literally on the same programme and given the time frames I reckon I was his direct replacement.

    2. EricB123 Silver badge

      Re: Serves the bastards right

      Copy that, good buddy!

      (They screwed me over as well)

  2. JWLong Silver badge

    What crap load of side talk.

  3. elsergiovolador Silver badge

    Red flags

    Infosys
    and
    & AI solutions

    They might as well give the contract to Timmy.

    1. John Miles
      Joke

      Re: They might as well give the contract to Timmy.

      Is that Timmy from the Famous Five, i.e. the dog - probably do less harm

      1. Michael Hoffmann Silver badge
        Joke

        Re: They might as well give the contract to Timmy.

        No, Timmy the Little Moron who kept falling into wells for Lassie to keep rescuing!

    2. Inventor of the Marmite Laser Silver badge

      Re: Red flags

      Add wankword content: "leveraging Infosys platforms"

  4. spireite

    Infosys - cowboys

    I've been involved with some Infosys generated stuff.

    Not a fan...

    With reference to the previous comment about AI, I'd wager you'd get a more cohesive end product just instructing ChatGPT to do it all.

  5. Anonymous Coward
    Anonymous Coward

    As time goes on some of the companies I worked for start to look better than I thought they were. One particularly large one almost got burned cos of a memorandum of understanding and so they banned them, along with ROM estimates and Cardinal Points Specs. If a customer wanted a job doing then it had to be fully defined before they got a full estimate and nothing started until a full contract was signed.

  6. Denarius

    Are Fujitsu clearing the decks

    to buy the ruins of IBM and take over the mainframe monopoly ?

    1. HuBo Silver badge
      IT Angle

      Re: Fujitsu's seppuku?

      Well, from Feb '22: "Fujitsu will cease [...] mainframe systems by 2030, and [...] Unix server [by] 2029" ( https://www.theregister.com/2022/02/25/fujitsu_signposts_the_end_for/ ). With today's news of Fsas taking on PRIMERGY, PRIMEQUEST, ETERNUS, and enterprise PCs, that won't leave much if any HW for Fujitsu proper.

      One question is: where does this leave A64FX, Monaka, and the PRIMEHPC FX line of machines? Are they all moving to Fsas?

    2. Doctor Syntax Silver badge

      Re: Are Fujitsu clearing the decks

      Possibly getting into a position where they can say "Horizon? Never heard of it."

  7. Anonymous Coward
    Anonymous Coward

    Bee Pee?

    I don't know if this is relevant but InfoSys signed a $1.5B deal with an oil giant a few months ago. Infosys is of course run by Rishi Sunak's father in law, and the deal was signed around the time Sunak signed off on 100 new oil and gas licences. Which I'm sure was a coincidence.

    1. amanfromMars 1 Silver badge

      Re: Bee Pee? And in the best of Xmas pantomime traditions .....

      Infosys is of course run by Rishi Sunak's father in law, and the deal was signed around the time Sunak signed off on 100 new oil and gas licences. Which I'm sure was a coincidence. .... Anonymous Coward

      Oh no it isn’t and wasn’t. :-)

  8. Anonymous Coward
    Anonymous Coward

    Murthy and UK family friends

    It must be senility or greed but no work from home and asking employees to work 50hour work week and cancel all employee holiday etc etc

    Murthy and his daughter definitely are pocketing a hefty sum of those 18 BEEEELLlON profits while destroying the lifes of their minimum wage slaves.

    No wonder the dude keeps talking about how lazy people are these days because he doesn't get to wage steal their hard work right into his checking account.

    1. Pascal Monett Silver badge

      Re: he doesn't get to wage steal their hard work right into his checking account

      Isn't that called Justice ?

    2. ThatOne Silver badge
      Devil

      Re: Murthy and UK family friends

      > the dude keeps talking about how lazy people are these days

      People saying "people are lazy" actually mean "people don't work enough for my profit". It's always turtles greed all the way down.

      1. Anonymous Coward
        Anonymous Coward

        Re: Murthy and UK family friends

        Standard Indian business school graduate thinking.

        Spreadsheet jockey not a business professional. Certainly not an IT professional.

        To be avoided IMHO.

  9. Doctor Syntax Silver badge

    “a Memorandum of Understanding with a global company to provide enhanced digital experiences, along with modernization and business operations services, leveraging Infosys platforms & AI solutions”

    Bingo!!!

  10. Anonymous Coward
    Anonymous Coward

    Pay peanuts, get....

  11. Anonymous Coward
    Anonymous Coward

    Huawei-->USA / NSA = Micron --> CCP

    ...and round and round we go.

    "China alleged Micron’s products represented a national security concern, but Micron has told investors it awaits details of the accusation".

    I secretly suspect Micron needs the Chinese market more than the CCP needs Micron's output. Reading between the lines I'm betting the US has caved in and proferred up a sweet deal to try to brush the whole shitshow of US embargoes under the carpet in this instance. The bully has finally been faced off against with their own bullying tactics and crumbled.

    1. Alan Brown Silver badge

      Re: Huawei-->USA / NSA = Micron --> CCP

      I suspect that China having a stranglehold on the rare earths market is giving the USA pause for thought

      Panda flexed and Uncle Sam blinked

  12. Rameshbhai
    Stop

    The Sad Status of Colonialists

    So sad, a colonial who built his wealth based on straight theft from India, is happy Infosys has some problem to report.

    Of course, the colonial impoverished India, but India and Infy have to pay London and NYC salaries! Of course Indian purchase parity is 3 or 4 x (which means a dollar gets 3 to 4 times what YOU can buy.

    But then the colonial is extremely unhappy - his serfs have successful IT companies, send landers to the moon and Mars.

    How dare they become uppity and upstage their colonial master?

  13. HelpfulJohn

    I don't understand that acronym.

    "Smart Lander for Investigating Moon (SLIM) "?

    Surely, it should be either "Smart Lander Investigating Moon (SLIM) " or "Smart Lander for Investigating the Moon (SLIM) ", depending upon whether they

    (or El Reg. or whoever dreamed up the expansion of the acronym) worried about the little, but grammatically useful words?

    Maybe even "Smart Lander for Investigations of the Moon (SLIM)" or "Smart Lander Investigating the Moon (SLIM)"?

    Personally, I'd have preferred that the "the" was included. There's lots of "moons" but that definite article makes it rather clear *which* of them is being probed.

    If they are going to omit the "f" from the acronym to make it nice in English - and why would the Japaneses *bother* to do this?- they could omit the "t", too.

    Lots of accronyms omit the initials of little words that make the expansion easier to read.

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