Sterlite Tech Holding News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sterlite Technologies Limited (STL), a Pune-based technology company, has implemented salary cuts ranging from 15% to 25% in response to the absence of new orders and mounting business challenges. This move impacts nearly 50% of its employee base.

Sterlite: The move comes close on the heels of its purported restructuring in 2023 that led to an exit of as many as 100 executives including those on top roles.