Today news
About the same in other media
Bad news for Infosys employees! IT major defers salary hikes
Reading now: 165
One of India's largest tech giants, Infosys, has deferred the payment hikes of its employees which it usually rolls out from April for its employees below the senior management level, according to a Moneycontrol report. The recent news indicates the financial crunch the company is facing under the current macroeconomic situation at the national as well as international levels.
Many of Infosys projects are cancelled or ramped down. As per the yearly schedule, the company provides appraisal to its employees in the June quarter (Q1), however, this time the company deferred providing pay raise to its employees, people working at the company confirmed to Moneycontrol.
. Read more on livemint.comAbout this in other media
DGCA suspends IndiGo pilots for tail-strike incident in Ahmedabad livemint.com /1 year ago
BCCI announces fixtures of senior men's team for home season 2023-24 economictimes.indiatimes.com /1 year ago
ITC spinning off its hotels business is good news for investors livemint.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
