Around 20 executives have written a letter to the CEO and chief people officer of the company, intimating their decision to take a pay cut ranging from 10 per cent to 20 per cent.
The IT giant has increased local hiring in the past two years.
Large-scale white-collar displacement at middle and senior levels is a relatively new phenomenon in the Indian business environment, which both employees and employers are ill equipped to handle. This will certainly increase the chances of unions playing a more dominant role.
Employees with over Rs 40 lakh in annual salaries or those at the director and senior VP level are being considered.
In his new role, Das will focus on strengthening leadership practice.
Organisations are ready to hire new set of recruits – not the millennials or Gen Z – it’s the smart machines and artificial intelligence. The new workplace will see humans and intelligent machines working in tandem.