Sunday, April 9, 2023

As funding winter sets in, top rung at new-age companies faces pay freeze

As pressure mounts to conserve cash, founders, investors and human resources experts told ET that many startups will hold back raises for senior staff this year. At some companies, including those undergoing layoffs, top management may take pay cuts as well, they said.

from Tech-Economic Times https://ift.tt/5Bcwk3L

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IT firms push M&A deals to cover AI’s revenue impact

Infosys' $560 million bet on Optimum Healthcare IT and Stratus is a strong signal that the industry is taking domain-specific solutions ...