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Top startup & tech stories this week

Welcome to a brand new edition of ETtech Unwrapped – our weekend newsletter. The week was packed with important stories broken by our reporters. Heres a recap if you missed these stories.

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No Layoffs Due to GenAI, Claims Infosys CEO - Nearshore Americas

Infosys claims that no layoffs will happen at the organization due to generative AI (GenAI), even when the technology has lead to more efficient and productive business operations. CEO Salil Parekh conveyed this assurance to CNBC-TV18, emphasizing that, while new technologies may render some skills obsolete, they also create opportunities in emerging areas. Infosys, which

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GenAI is Coming for Indian Tech Jobs—Is it the End of the IT Boom?

GenAI is Coming for Indian Tech Jobs—Is it the End of the IT Boom?
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As Macro Climate Changes, GenAI will Also Scale Up

Infosys is pivoting to a GenAI-first company, said its chief executive and managing director Salil Parekh. In an interview with Sameer Ranjan Bakshi, Beena Parmar and Surabhi Agarwal, he spoke of his plans to prepare the $18.6-billion software services giant through its Topaz platform for the GenAI-led transformation that will take root as global macro-economic concerns ease.

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Infosys GenAI: As macro climate changes, GenAI will also scale up: Infosys CEO Salil Parekh

In a wide-ranging interview with Sameer Ranjan Bakshi, Beena Parmar and Surabhi Agarwal, Salil Parekh, chief executive and managing director of Infosys, spoke of his plans to prepare the $18.6 billion software services giant — through its Topaz platform — for the GenAI-led transformation that will take root as global macro-economic concerns ease.

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