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Information technology leaders — Infosys and Wipro — are both seeing a sharp decline in the number of employees earning over Rs 1 crore across the last two fiscal years amid slowing demand for technology services in the aftermath of the pandemic, data accessed by ET shows.India’s second-largest software services firm Infosys recorded a near 16% decline in so-called crorepati employees to 103 at the end of FY24, down from 123 at the end of fiscal
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Information technology leaders — Infosys and Wipro — are both seeing a sharp decline in the number of employees earning over Rs 1 crore across the last two fiscal years amid slowing demand for technology services in the aftermath of the pandemic, data accessed by ET shows.India’s second-largest software services firm Infosys recorded a near 16% decline in so-called crorepati employees to 103 at the end of FY24, down from 123 at the end of fiscal
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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