It is sad, says Infosys' Narayana Murthy about IT layoffs
Narayana Murthy, the Co-founder of IT giant Infosys, has commented on the recent reports of IT companies sacking employees as part of their cost cutting strategies, saying, "It is sad." Earlier, Infosys announced it could lay off some mid and senior-level employees after its bi-annual performance review. This comes amid peers, including Wipro, taking similar measures to control costs.