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1 min read

Wipro likely to cut hundreds of jobs to improve margins

Software major Wipro is likely to cut hundreds of mid-level jobs, as the company looks to improve i…

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2 mins read

IT biggies spent 62% of revenues on wages in FY22, salary bill at ₹3 lakh crore

Top companies like TCS, Infosys and Wipro have been consistent in how much they pay to their employ…

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5 mins read

Recession in the US may cool off attrition in IT sector along with revenues

After two years of bumper profits and mind-boggling salary hikes, TCS, Infosys and Wipro – along wi…

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5 mins read

IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs

The tide might have turned for IT stocks as investors found them in favour again. However, the thir…

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6 mins read

Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution

Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…

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2 mins read

Wipro's hiring will be slower in the coming months and current employees may be asked to go on leave without pay

Hiring will be slower in the coming quarter and any onboarding — which includes campus placement…

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4 mins read

Sensex, Nifty50 plummet as inflation worries stoke rate hike fears

India’s benchmark indices Sensex and Nifty50 plummeted in the first half of trading on Wednesday am…

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2 mins read

Doctors fighting COVID-19 got upto 50% pay cut — and some of them haven’t been paid yet

Indian doctors and nurses— some of them working to fight coronavirus pandemic— are now facing hug…

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4 mins read

IT jobs are safer than startup jobs but a salary bubble burst awaits them

Even as the Indian startup job crisis looms large, the startup-adjacent IT sector might not go the …

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5 mins read

Three ways TCS, Infosys and other IT giants in India are trying to cut costs — but it’s not going to increase their profitability

All IT majors in India have listed a few ways ⁠— no salary hikes, reduced costs like travel and …

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6 mins read

Record breaking quarter for Indian IT services is a given ⁠— all eyes are now on guidance

It turns out that the market expects the following three months, January to March 2021, to be as…

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3 mins read

Air India slashes employee allowances up to 50% despite protests

National carrier Air India has gone in for a massive cut in employee allowances even as protests fr…

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2 mins read

India sees second wave of layoffs and pay cuts as companies grapple with COVID-19 pandemic

From hospitality, fitness to the aviation industry, the jobs scenario looks bleak and the situation…

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2 mins read

7,000 Cognizant jobs are on the line as the tech major rejigs workforce

American technology multinational Cognizant is expected to lay off hundreds of employees to cut cos…

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2 mins read

Pune:Labour office notice to Tech Mahindra on alleged pay cuts

National Information Technology Employees Senate(NITES), an organisation working for the welfare an…

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1 min read

IT professionals take to social media to voice their displeasure

Annoyance over low pay, disappearing perks and uncertain future has forced Indian techies to vent…

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1 min read

For TCS, Infosys and Wipro, sending employees to the UK will be a costly affair!

The UK is considering increasing minimum salary of IT employees entering the country, a move that i…

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4 mins read

The street is dumping HCL Tech shares because its employees are leaving at a faster rate than ever before

However, the stock slipped nearly 7% when the market opened for trade on Monday (Jan 17). So…

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6 mins read

SIMPLY PUT: What won’t end even after COVID does?

But looking beyond the obvious, here are some things which won’t end even after COVID does. …

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2 mins read

TCS, Cognizant, Capgemini and other top giants who are not letting go of their new hires

While a lot of companies are doling out pink slips to employees or cutting salaries, there are a se…