Salary increase at Infosys: HR announced this in the IT giant's townhall
During a town hall, the company’s HR head Shaji Mathew said the focus of the compensation review cycle at Infosys would be tenured as well as high performing employees
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During a town hall, the company’s HR head Shaji Mathew said the focus of the compensation review cycle at Infosys would be tenured as well as high performing employees
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The deal covers ground plus 12 floors and the lease period starts from April 2024 and is for 108 months, the documents revealed.
Sudhir Chaturvedi, President- Markets, LTIMindtree said that the company’s large deals are $20 million-plus in the total contract value. Since 75% percent of these deals are in the cost-reduction space, the good thing is that they tend to be 3-7 year deals and will allow better planning of resources and costs, he said.
The company expects furloughs to be more pronounced in Q3 and it is guiding to a very weak quarter, with revenue decline between 1.5 percent and 3.5 percent