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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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Infosys Q2 results: IT company's headcount down 7,530 sequentially

CEO Salil Parekh noted that the company witnessed its highest large deals value at $7.7 billion in Q2. He also added that clients have continued to show interest in AI products and services

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Infosys, Wipro Announce 80% Variable Pay To Eligible Employees, Salary Hikes Under Consideration

In an email to employees, the management at Infosys said that the company has delivered a good performance in Q1, ‘setting a robust foundation for future expansion.’ ....

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infosys: Infosys to roll out average 80% variable pay for Q1

This comes as India s second largest IT firm paid 60% variable last quarter on an average. The company has also not rolled out annual hikes for employees for the year FY23. Previous hikes were paid in July 2022. ....

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