<i>In a recent interview, a top Infosys official told Business Line that the company would hire more laterals in the US, and expects no cutbacks on tech spending there even as stimulus funding tapers off.</i><p>I've worked with Indian oursourcing companies before but I wasn't aware the term "laterals" is common vocabulary. Does this mean hiring more US citizens/perm residents to work laterally with the offshore workers? I thought that meant they would place more Indian workers in lateral positions on H1b visas to work with offshore teams.
Infosys make only 2% money from selling software.
98% money they made by selling consulting viz bribing clients, exploiting engineers and manipulating stock prices.