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TCS, Infosys, Wipro: How much variable pay have Indian IT companies rolled out in Q2 FY 24?

The variable pay or performance pay at IT services companies depends on the company’s overall performance, along with the performance of individual employees.

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Infosys, Wipro: Senior level exits at IT companies spike amid headwinds

The Indian IT sector is facing headwinds due to the broader macroeconomic conditions and cutbacks on discretionary spends. Amid this another prominent trend is multiple senior level executives exits

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TCS, Infosys, Wipro: Employee headcount down 51,744 in H1 FY24

As per the numbers shared during the Q2 FY 2023-24 results, the 10 largest companies saw their workforce fall to 20.6 lakh people at the end of September from 21.1 lakh employees at the beginning of the fiscal year, resulting in a loss of 51,744 jobs.

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Infosys to roll out hikes on November 1 after deferring for two quarters, confirms CHRO

The IT company usually rolls out the annual hikes to all its employees below the senior management in the month of April.

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TCS, Infosys HCLTech: Hiring crashes across Indian IT companies in Q2 FY24

Three major IT companies have released their results so far. Apart from financials, Q2 has been a tepid quarter when it comes to hiring as well.

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