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Infosys Announces Salary Hikes Amid Layoff Controversy

  • Infosys to issue salary increment letters by February end, with hikes of 5-8% effective April 2025.
  • Promotions have started in batches since December, aligning with expected rise in IT budgets.
  • Layoffs of 700 freshers from Mysuru campus spark outrage, with criticism over the handling of terminations.

Source: Business News India, News 18, Moneycontrol

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