Infosys has disclosed that a French labour authority has imposed a €175,000 penalty on the company after identifying compliance gaps in its employee working time recording system. The fine was communicated by DRIEETS Île-de-France to Infosys and subsequently reported in a stock exchange filing.
According to the filing and media reports, the French regulator found that Infosys’ system did not fully comply with local legal requirements governing the recording and monitoring of employee working hours. The authority cited shortcomings in the system’s reliability, auditability and monitoring capabilities, particularly for certain categories of employees.
The issues identified relate to the way working hours are captured and retained, as well as how they can be audited and supervised for compliance with labour rules. While the regulator detailed the nature of the technical and procedural deficiencies, Infosys did not specify in its disclosure which employee groups were affected or whether any specific remedial steps were mandated.
Infosys has sought to reassure investors and stakeholders by stating that the penalty does not have any material impact on its financials, operations or other business activities. The company also indicated that it is verifying the details of the communication and determining the appropriate next steps following the order.
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