Infosys Ltd. is planning retrenchment of up to 5,000 employees, in an attempt to trim costs and strengthen sales. Infosys has decided to ask the worst performing employees, nearly 3-4% of the total 150,000 manpower, to immediately leave the company. Notably, the IT giant earlier this year had deferred salary hikes, citing a tough business environment, but later announced increments following salary revision by its peers.