Infosys kicks off employee performance reviewMultiple employees received an email from HR asking them to complete the process by October 17. “This is a routine exercise, but we hope th...
13 Oct, 2025, 07.23 PM IST
Infosys hands out 90% average performance bonus fuelled by uptick in growthInfosys, India's second-largest IT firm, announced an average 90% performance bonus for eligible employees for Q2 FY25. Mid-and junior-leve...
27 Nov, 2024, 11.04 AM IST
Top IT firms saw wage bills rise 5.5% even as revenue growth dipsIT companies' cumulative wage cost rose by Rs 18,036 crore in the fiscal year. Experts said this was due to continuity in lateral hiring in...
22 Apr, 2024, 06.01 AM IST
Wipro headcount falls by 9.5% in FY24IT services company Wipro on Friday reported an 8% year-on-year (YoY) fall in consolidated net profit to Rs 2,835 crore for the quarter end...
19 Apr, 2024, 04.20 PM IST
TCS discontinues anniversary hikes for laterals, annual appraisal to continueIn a formal letter to those employees who had completed a year with the organisation during the current fiscal year, TCS said they would re...
03 Sep, 2022, 06.12 PM IST
India Inc perks staff up with hikes, promotions this DiwaliMany IT firms also recently announced hikes, including Tata Consultancy Services (TCS) and Wipro. “The salary increase will be across all b...
13 Nov, 2020, 05.50 PM IST
Coronavirus impact: Hikes, bonuses on the block as IT firms get ready for slumpTech companies may resort to belt tightening moves last used during 2008 financial crisis.
20 Mar, 2020, 08.29 AM IST
Will coronavirus & tepid GDP hurt your appraisal? Here are the trends for this yearThe 24th edition of Aon's annual Salary Increase Survey in India shows that while e-commerce and professional service firms are expected to...
28 Feb, 2020, 11.57 AM IST
Indian techies take to social media to vent their ireThe job cuts are also affecting mid-to-senior employees who are at the centre of the reskilling and restructuring conversations happening a...
12 May, 2017, 01.24 PM IST
TCS trumps Infosys on incremental revenues despite slower growthIncremental revenue has become one of the most important benchmarks to track in India's $160 bn IT industry as it reflects a co's competiti...
20 Apr, 2016, 09.10 AM IST
Wipro sets stage for broad overhaul of appraisal system, ditches bell curve as part of pilotThe trigger for this exercise was clear. Employees, mid-level executives and top managers needed to be more accountable for the company’s p...
02 Mar, 2016, 11.23 AM IST
India Inc's directors face first appraisalThe Companies Act requires the BoD's report to indicate the manner in which the formal annual evaluation by the board of its own performanc...
13 Jul, 2015, 10.43 AM IST
2,574 employees asked to leave in Apr-Dec 2014, says TCSWhile terming these exits as "involuntary attrition", TCS claimed it does not plan to initiate any large scale layoffs of any section of it...
13 Jan, 2015, 09.15 PM IST
Post appraisal, Cognizant asks underperformers to goAccording to sources, all employees who fell in lowest bracket of assessment across functions and levels are to face the axe.
17 Apr, 2013, 10.11 AM IST
- Campus hirings pick up, TCS to recruit 30,000
TCS, intends to step up the number of offers made to students on campus to 30,000 this year from about 20,000 last year.
23 Oct, 2010, 10.34 AM IST
- TCS asked 500 staffs to leave for poor performance
The employees who were asked to leave are those with 2-3 years of experience and do not include trainees. Firing employees? I Increase your...
06 Feb, 2008, 02.11 PM IST
- Exodus: Top four IT players lose 10K employees in Q1
Although TCS, Infosys, Wipro and Satyam collectively hired more than 25,000 employees in the April-June period, the net addition was just a...
23 Jul, 2007, 03.37 PM IST