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Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...- Infosys CEO's compensation rises 2.5% to nearly Rs 82.6 crore in fiscal 2026Infosys CEO Salil Parekh's compensation reached Rs 82.6 crore in 2025-26, a 2.5% increase, significantly higher than rivals like TCS. This ...
- Infosys CEO Salil Parekh earned Rs 82.6 crore in FY26, up 2.5%Infosys CEO Salil Parekh's earnings reached ₹82.6 crore in 2025-26, a slight increase. This compensation includes salary, variable pay, and...
- US death tax trap: Uncle Sam's wealth puzzle leaves rich Indians worried for their kidsRich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...
- Laid off by top tech companies? Here’s what you need to negotiate, and why workers over 40 should pay attentionEmployee rights after layoff: Laid-off workers, especially those over 40, have more time and leverage than they realize when reviewing seve...
- RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
- Failed to report US stocks gained via ESOP? Use this one-time Amnesty scheme; Know how it worksA one-time amnesty scheme, the FAST-DS, has been introduced to help Indian residents and NRIs resolve past non-compliance with reporting fo...
- Infosys non-committal on pay hikes, keeps employees guessingInfosys management remained non-committal on salary revision timelines during a recent town hall, citing macroeconomic conditions and clien...
- Infosys board approves Esops worth Rs 51.75 crore for CEO Salil ParekhInfosys has approved significant equity-based compensation grants for CEO Salil Parekh and other employees, totaling Rs 51.75 crore for Par...
- From Rs 6.8 lakh to Rs 4.5 lakh: Redditor explains how to save Rs 2.3 lakh in income tax in a year legallyA Redditor demonstrated significant income tax savings under the new regime by strategically restructuring their salary with components lik...
- Nvidia grants stock bonuses to India staff, payouts range from ₹5 lakh to ₹1 croreThe “Jensen Special Grant,” introduced in 2024, offers employees an additional 25% of their initial restricted stock units (RSUs). The gran...
- Oracle layoffs 2026 severance package: How much will the US tech firm pay to laid off workers in India and US as compensation?Oracle has initiated significant job cuts, impacting 30,000 employees worldwide. India sees 12,000 roles terminated. Severance packages are...
- Oracle layoffs: AI pivot triggers 10,000 job cuts in IndiaOracle has cut around 10,000 jobs in India, sources told ET. This is part of a global restructuring affecting 30,000 employees. The company...
- Companies will ringfence talent through new approaches: Quess Corp executive chairman Ajit IssacTo further bolster the compensation game and retain top talent, firms will enhance their bespoke, holistic benefits offering models, to mak...
- Kiran Mazumdar-Shaw gets second term as Infosys' lead independent directorMazumdar-Shaw also serves as the chairperson and managing director of biopharmaceutical company Biocon.
- Infosys grants 19.3 lakh stock units to Parekh, other officialsFirm's CFO and 2 presidents have also been given stock units.
- By staying till March, Sikka may benefit from stock optionsSikka was granted 120,700 RSUs and no stock options in July of 2016.
- Vishal Sikka buys 9,116 shares of Infosys as part of restricted stock unitsCountry's second largest software services firm Infosys today said its chief executive Vishal Sikka has acquired 9,116 shares after partly ...
- Infosys grants 124,061 restricted stock units to Vishal SikkaSikka is eligible to receive an annual grant of RSUs worth $2 mn for every year that of his five-year tenure that he completes at the compa...
- Wipro gives 4.5 mn restricted stock units to employeesThe RSUs this time were given only for senior managers & do not include middle managers like last time, said Saurabh Govil, senior vice pre...
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