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IT Industry To See More Lay Offs As Covid 19 Pushes Challenges For The Sector

Amid the ongoing pandemic crisis, when there is dearth of projects, IT industry across the globe is on a downsizing spree. This is there on account of excessive workforce. Further as per a Mint report, even as there are immense ...

Infosys Clarifies On Attrition Report At The IT Giant

In an e-mail reply to IANS, Bengaluru-based software major Infosys said, "As a high-performance organisation, involuntary attrition is integral to the normal course of business and this (sacking) should not be interpreted as any mass trimming across any level in particular". ...

Infosys's Murthy Asks Senior Executives to Take Pay Cuts To Reduce Layoffs

To make reduction in job loss a possibility for younger workforce, Infosys's co-founder asked the senior level executives to take slight adjustments in their compensation. On the vigorous scale of job loss across the sector, N R Narayana Murthy commented ...