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Indian employees working in the L1 to L7 band in Amazon’s Experience and Technology team have received a note saying they are eligible for the company’s Voluntary Separation Program. Under the VSP, if employees resign by November 30 of this year, they are promised certain benefits. ....
The company is trying to cut costs and move towards profitability. They reported Rs 4,589 crore in losses for FY21, the largest ever loss reported by an Indian startup. ....
Business Today reviewed employment contracts of the top Indian IT companies like TCS, Infosys, Wipro, HCL Tech, and Tech Mahindra and also spoke to lawyers to get more insight about the same. ....
Several IT sector employees tell Business Today that they are taken aback by Wipro's tough stance on moonlighting. They say that firing workers over 'moonlighting' is too harsh. ....
Pai said, "Employment is a contract between an employer who pays me for working for them for 'n' number of hours a day. During that time, I have to abide by their conditions. Now what I do after that time is my freedom, I can do what I want.” ....