IT jobs can be saved if senior executives take pay cuts: Narayana Murthy
This is not for the first time that IT industry has faced the layoff problem, says Narayana Murthy IT companies can protect the jobs of youngsters if senior executives take pay cuts, said Infosys co-founder NR Narayana Murthy. He added that the industry has dealt with the issue several times in the past. Murthy said he has no doubt that all industry leaders have good intentions to solve the problem of layoffs. "There are a lot of smart leaders in the industry, but I have no doubt at all that they are all well-intentioned people and they can find solutions," he told news channel ET Now. Murthy also said this is not for the first time that the industry has faced the layoff problem and hence there should not be any extreme anxiety as the industry had dealt the issue and found solutions then. "Let us remember we have gone through this several times in the past. We went through that in 2008, in 2001. So, this is nothing new. Therefore, there is no ...