BusinessAfter IT Companies Lays Off Thousands, Narayana Murthy Expresses Sadness
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After IT Companies Lays Off Thousands, Narayana Murthy Expresses Sadness
Infy founder Narayana Murthy expressed sadness over layoffs in IT firms
As many as 6 lakh IT professionals are at a risk of losing jobs
IT companies have been one of the largest recruiters in the country
"...It is sad...," Narayan Murthy said on layoffs in IT companies.
Bengaluru: Founder Chairman of Infosys N R Narayana Murthy on Friday expressed sadness over the IT companies laying off their employees as part of cost cutting strategy.
"...It is sad...," Mr Murthy told in an email reply to a PTI query about recent IT layoffs. Mr Murthy, however, did not elaborate on the matter.
Infosys had announced that it could hand out pink slips to hundreds of mid and senior-level employees as it carries out ...