“Recently, some countries and organisations have expressed concerns about a perceived association between offshore outsourcing and the loss of jobs,” Infosys said in a recent filing to the US Securities and Exchange Commission.
“Legislation in certain countries in which we operate, including the US and the UK, may restrict companies in those countries from outsourcing work to us or may limit our ability to send our employees to our client sites,” it noted.
“If either the US federal government or another governmental entity acquires an equity position in any of our clients, any resulting changes in management or re-organisations may result in deferrals or cancellations of projects or delays in purchase decisions…,” the filing said.
Infosys raises concerns on negative sentiment about outsourcing – livemint.com.
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