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IT firms block bonuses to tackle business slump
March 20, 2020
Senior Executives and Analysts told ET, “IT firms will block bonuses due to the outbreak of coronavirus worldwide”.
CEO of Tech Mahindra told ET, “Any increment which is provided to employees are kept on hold for now”.
India IT firms have asked employees to work from home to avoid the spread of the virus. Majority of Indian employees are working from centres locally.
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