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EMPLOYEE PYRAMID
At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...- GCCs switching to smart workflows as AI gobbles up procedural grunt workIndustry experts said AI is shrinking junior-level workflows, reducing standalone procedural functions and pushing multinational companies ...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
- Cognizant tops estimates even as Q1 net profit dips marginally; eyes layoffsNet profit was $663 million in the same period a year earlier. However, sequentially, net profit gained by 2.1%. Despite the flat profit gr...
- AI will bring changes to Indian IT’s pyramid talent model: Infosys CEO Salil ParekhInfosys CEO Salil Parekh anticipates AI will reshape India's IT talent pyramid, creating new opportunities and requiring specialized skills...
- NITES alleges Infosys delayed onboarding of 2k campus recruits"Many had turned down other job offers in good faith, relying on Infosys' offer letters. Now, they face financial hardship and uncertainty ...
- Slowdown hits Indian IT companies’ campus recruitmentsThe IT service business model, which relies on pyramid structure with its base constituting young and less expensive employees, has been sh...
- Top two tech firms shed Gen Z flab, gain silver muscleThe share of Gen Z employees - or those aged 30 and under - fell by about 5 percentage points last fiscal at Bengaluru-based Infosys, and b...
- Wage cost inflation to moderate IT players' profit margins by up to 1.50 pc: reportProfits came under pressure in FY22 due to wage inflation and normalisation of operational overheads, it said, adding that better pricing a...
- Digital, performance take top floor in TCS’ new pyramidTCS is also increasing the proportion of variable pay that’s linked to performance for experienced engineers.
- Jeff Bezos thinks he is least important at AmazonAmazon workers are told that Jeff Bezos considers himself the least important person at the company.
- Cognizant fires 200 senior executives as it looks to ‘clean out’ pyramidIn August, Cognizant President Raj Mehta had told ET that senior jobs were on the chopping block
- Tech Mahindra CEO takes home more than entire boards of TCS, Infosys & WiproGurnani’s total compensation for the year ended March 31, 2017, is more than the pay packet of the boards India’s top three IT services fir...
- Being lean helps us grow in tough times, says C Vijayakumar of HCL TechnologiesIf you look at our Mode 2 and 3 business (non-traditional spend), that has really grown by 30%, said HCL Technologies’ CEO C Vijayakumar.
- Tech Mahindra suspends appraisal cycle for senior employeesTechM made the announcement on Friday in a webinar chaired by its Chief Operating Officer L Ravichandran, three TechM employees told ET.
- IT CEOs like Vishal Sikka are earning several times the median employee remunerationInfosys CEO Vishal Sikka is paid the most, and has the highest ratio of CEO compensation to median employee remuneration.
- Will Indian IT companies' business model become stagnant?Indian IT cos, which rode outsourcing wave, may lag a bit while becoming sustainable corporations says mgmt guru Stuart L Hart.
- Staff must feel part of cos' success: Vineet Nayar, HCL TechAs India’s $60-billion IT industry comes out of recession and prepares to aim for the $100-billion goal, rising attrition, commoditisation ...
- Firms must enthuse employees: NayarVineet Nayar, CEO, HCL Technologies, says that traditional metrics are obsolete and the IT industry needs to reinvent itself for the Facebo...
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