Employees with digital skills are in high demand and get better hikes. Lack of projects within the company gives them an incentive to move elsewhere.
Infosys, which had made an initial payout of Rs 5 crore to Bansal, later withheld further payment “pending clarifications with regard to such rights and obligations".
Techies are running a campaign with #CapgeminiBetraysEmployees claiming they were given "0.50% to zero hike" despite the firm reporting considerable growth.
Cisco said its network implementation work for Jio was one of the biggest projects and that customers from other markets recently visited India to see it.
Fresh graduates from engineering colleges have formed more than two-thirds of the total workforce of these companies as they predominantly followed man hourbased model for sell software services.
Headwinds to slow us in first quarter; expect better news from the second: Abidali Neemuchwala, Wipro
The last (bankruptcy of a client) I think was with Nortel in 2009.
A large number of these fresh graduates will be trained in emerging technologies such as machine learning, artificial intelligence, and design thinking in the US.
The displeasure has spilled out on to social media, with many contrasting their hikes against large payouts made to investors & the rise in IT company valuations.
Oppenheimer had been a vocal supporter of former Infosys CEO Vishal Sikka and his strategy for growth at India’s second largest software services exporter.
The company has been organising 20 client visits every week to its Bengaluru innovation hub, which is its largest R&D facility, and showing its innovation in digital technologies.
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