Infosys co-founder NR Narayana Murthy suggests ways to stop job losses
Murthy said while there is no reason to be very anxious, it is possible to protect jobs if senior execs take salary cuts and invest in training employees. Amid fears of large-scale job losses and unionisation in India's software services sector, Infosys co-founder NR Narayana Murthy, one of the tallest leaders in the industry, has expressed his views on the contentious issue for the first time. In an exclusive interview with ET NOW, Murthy said that while there is no reason to be very anxious, it is possible to protect jobs if senior executives of companies take salary cuts and invest in training employees. He further made a case for a more humane approach to layoffs, stating that a stable corporation is one where everyone is happy. Murthy stressed that he sees no place for unions as long as IT industry leaders embrace compassionate capitalism. "We have gone through these troughs in business several times, there is no need for us to become extremely anxious. It is p...
Comments
Post a Comment