<\/div><\/div>While Indian companies have done great work on beefing up governance over the past 10 years, there is still a big gap in terms of protecting the rights of the CEO,\u201d this person said, requesting anonymity.Severance packages of CEOs of US companies dwarf those of their Indian counterparts. For example, Jack Welch made $417 million when he left General Electric, and Meg Whitman pocketed $120 million from eBay. Golden parachutes of US-based CEOs typically include cash severance, accelerated vesting on stock awards and interest on deferred compensation. In India, since a number of companies typically appoint internal candidates as CEOs, their contracts are more often than not an extension of their existing employee contracts, which typically don\u2019t include the large severance packages enjoyed by their US counterparts.
In 2011, Wipro\u2019s billionaire chairman Azim Premji decided to ditch the joint CEO-model and appointed TK Kurien as the company\u2019s new CEO. Wipro\u2019s joint CEOs Suresh Vaswani and Girish Paranjpe were given severance packages of about $1.55 million -- much lower than what US-based CEOs typically enjoy. The contrast is stark even within IT companies -- between CEOs based in India and those based overseas.
N Chandrasekaran of TCS and TK Kurien of Wipro have severance packages that are a fraction of the size of those handed to USbased D\u2019Souza and Sikka. Former HCL Technologies CEO Vineet Nayar, however, said that in India contracts are trust-based and boards reward CEOs liberally. \u201cBoards go out of the way to take care of successful CEOs by keeping them engaged and compensating them well,\u201d he said. <\/div><\/div>
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Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"GEListMatchFound":{"minfo":"1","minfoseo":"1"},"key":{"1":{"keyid":"6369763","value":"Vishal Sikka","smid":"0","keynameseo":"Vishal-Sikka","keytype":"","keycount":"totalcount","weightage":"20"},"2":{"keyid":"76386","value":"pay package","smid":"0","keynameseo":"pay-package","keytype":"","keycount":"totalcount","weightage":"20"},"3":{"keyid":"44604","value":"Nandan Nilekani","smid":"0","keynameseo":"Nandan-Nilekani","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":{"artau":"Anirban Sen","aunameseo":"anirban-sen","artauid":"479240111","artauemail":"anirban.sen@timesgroup.com","auFullName":"Anirban Sen","pubname":"ET","designame":"Correspondent","audetailsxml":{"details":[]},"aulinksxml":{"links":{"link":[]}},"auagencyid":"88675387","auagencyname":"ET Bureau","autype":"GENERAL"}},"similarlytagged":[{"msid":"97815764","stname":"Microsoft job cuts: Employees in HoloLens, Surface and Xbox teams hit","artsyn":"Citing a person familiar with the matter, Bloomberg reported that Microsoft has reduced the headcount in Xbox marketing and the Xbox Gaming Ecosystem Group. Meanwhile, Xbox Chief Phil Spencer sent an email to employees saying, \"I encourage everyone to take the time and space necessary to process these changes and support your colleagues.\"","seolocation":"telecomnews\/microsoft-job-cuts-employees-in-hololens-surface-and-xbox-teams-hit","seolocationalt":"Microsoft job cuts: Employees in HoloLens, Surface and Xbox teams hit","url_seo":"microsoft-job-cuts-employees-in-hololens-surface-and-xbox-teams-hit"},{"msid":"97758304","stname":"Microsoft rejoins Apple in $2 trillion club as rally accelerates","artsyn":"Microsoft rose as much as 3.4% to $276.76 early Wednesday, joining Apple Inc. as the only stocks with market capitalizations above $2 trillion. This is the first time it has exceeded that level since August after rallying 29% from a November low. Apple has a market value of about $2.44 trillion.","seolocation":"telecomnews\/microsoft-rejoins-apple-in-2-trillion-club-as-rally-accelerates","seolocationalt":"Microsoft rejoins Apple in $2 trillion club as rally accelerates","url_seo":"microsoft-rejoins-apple-in-2-trillion-club-as-rally-accelerates"},{"msid":"97753640","stname":"Route Mobile launches AI\/ML-driven chatbot for businesses","artsyn":"Route Mobile said that businesses can also design their own chatbot with Roubot\u2019s \u201cFlow Builder\u201d through a drag-and-drop user interface. It lets businesses integrate this customer engagement solution seamlessly and securely with CRM systems, payment gateways, and third-party messaging platforms such as WhatsApp and Facebook Messenger.","seolocation":"telecomnews\/route-mobile-launches-ai\/ml-driven-chatbot-for-businesses","seolocationalt":"Route Mobile launches AI\/ML-driven chatbot for businesses","url_seo":"route-mobile-launches-ai\/ml-driven-chatbot-for-businesses"},{"msid":"97735495","stname":"Microsoft 'committed' to solving UK concerns on Activision deal","artsyn":"\"We are committed to offering effective\u202f and\u202f easily\u202f enforceable solutions\u202fthat address the CMA's concerns,\" Microsoft's Corporate Vice President and Deputy General Counsel Rima Alaily said in a statement.","seolocation":"telecomnews\/microsoft-committed-to-solving-uk-concerns-on-activision-deal","seolocationalt":"Microsoft 'committed' to solving UK concerns on Activision deal","url_seo":"microsoft-committed-to-solving-uk-concerns-on-activision-deal"},{"msid":"97720444","stname":"TCS scores $700 million deal to digitize UK insurer\u2019s products","artsyn":"London-based Phoenix Group Holdings Plc has agreed to a contract worth more than \u00a3600 million ($723 million) to digitally transform its product offering, TCS said in a statement on Wednesday.","seolocation":"telecomnews\/tcs-scores-700-million-deal-to-digitize-uk-insurers-products","seolocationalt":"TCS scores $700 million deal to digitize UK insurer\u2019s products","url_seo":"tcs-scores-700-million-deal-to-digitize-uk-insurers-products"},{"msid":"97691908","stname":"Microsoft discontinues Authenticator app for Apple Watch","artsyn":"The tech giant blamed this decision on watchOS being \"incompatible with Authenticator security features,\" reports 9To5Mac.","seolocation":"telecomnews\/microsoft-discontinues-authenticator-app-for-apple-watch","seolocationalt":"Microsoft discontinues Authenticator app for Apple Watch","url_seo":"microsoft-discontinues-authenticator-app-for-apple-watch"},{"msid":"97688789","stname":"Microsoft investigates Outlook outage as users face issues","artsyn":"There were more than 2,000 incidents of people reporting issues with Outlook late Tuesday at about 23:10 ET, according to Downdetector.com, which tracks outages by collating status reports from sources, including user-submitted errors on its platform.","seolocation":"telecomnews\/microsoft-investigates-outlook-outage-as-users-face-issues","seolocationalt":"Microsoft investigates Outlook outage as users face issues","url_seo":"microsoft-investigates-outlook-outage-as-users-face-issues"},{"msid":"97672950","stname":"Lenovo India to scale up \u2018Infra-as-a-Service\u2019 offerings: MD Shailendra Katyal","artsyn":"Shailendra Katyal, who took charge last year, said Lenovo India would target the \u201cmetered usage\u201d ecosystem where it will offer the device, cloud storage and other infrastructure on the \u2018as-a-service\u2019 model to other companies.","seolocation":"telecomnews\/lenovo-india-to-scale-up-infra-as-a-service-offerings-md-shailendra-katyal","seolocationalt":"Lenovo India to scale up \u2018Infra-as-a-Service\u2019 offerings: MD Shailendra Katyal","url_seo":"lenovo-india-to-scale-up-infra-as-a-service-offerings-md-shailendra-katyal"},{"msid":"97602570","stname":"Microsoft's new Teams Premium tier is powered by OpenAI features","artsyn":"According to The Verge, an American technology news website, the new premium tier includes an intelligent recap feature that automatically generates notes, tasks, and highlights of meetings thanks to GPT-3.5.","seolocation":"telecomnews\/microsofts-new-teams-premium-tier-is-powered-by-openai-features","seolocationalt":"Microsoft's new Teams Premium tier is powered by OpenAI features","url_seo":"microsofts-new-teams-premium-tier-is-powered-by-openai-features"},{"msid":"97508213","stname":"Cloud firm NetApp to cut 8% of global workforce amid tech layoffs","artsyn":"\"Companies are facing an increasingly challenging macroeconomic environment, which is driving more conservatism in IT spending. We are not immune to these challenges,\" NetApp Chief Executive George Kurian said in a letter to employees.","seolocation":"telecomnews\/cloud-firm-netapp-to-cut-8-of-global-workforce-amid-tech-layoffs","seolocationalt":"Cloud firm NetApp to cut 8% of global workforce amid tech layoffs","url_seo":"cloud-firm-netapp-to-cut-8-of-global-workforce-amid-tech-layoffs"},{"msid":"97507569","stname":"SaaS pips fintech as largest unicorn creator in 2022: Orios","artsyn":"However, many of the SaaS unicorns reached the coveted $1-billion valuation on the back of inflated price-to-valuation ratios, Orios managing partner Rehan Yar Khan told ET.","seolocation":"telecomnews\/saas-pips-fintech-as-largest-unicorn-creator-in-2022-orios","seolocationalt":"SaaS pips fintech as largest unicorn creator in 2022: Orios","url_seo":"saas-pips-fintech-as-largest-unicorn-creator-in-2022-orios"},{"msid":"97477822","stname":"IBM, SAP employees in India nervous about potential layoffs","artsyn":"SAP, in an email to employees, said they will pivot to be more focused on the industries where it leads, complemented by a strong ecosystem. SAP plans to consolidate the CX (consumer experience) and industries teams for SAP product engineering, and marketing and solutions respectively. It plans to cut 3,000 jobs and is exploring the sale of Qualtrics, the experience management company it acquired for $8 billion five years ago.","seolocation":"telecomnews\/ibm-sap-employees-in-india-nervous-about-potential-layoffs","seolocationalt":"IBM, SAP employees in India nervous about potential layoffs","url_seo":"ibm-sap-employees-in-india-nervous-about-potential-layoffs"},{"msid":"97429231","stname":"Active IT job vacancies in India plummet 60% in January","artsyn":"Job market experts said tech companies are cautious about adding to their payrolls amid worries around a gloomy global macroeconomic outlook, fears of recession in the West, and demand concerns due to the ongoing uncertainty.","seolocation":"telecomnews\/active-it-job-vacancies-in-india-plummet-60-in-january","seolocationalt":"Active IT job vacancies in India plummet 60% in January","url_seo":"active-it-job-vacancies-in-india-plummet-60-in-january"},{"msid":"97381402","stname":"Salesforce appoints new board directors amid activist investor pressure","artsyn":"The company appointed chief executive of hedge fund ValueAct Capital Mason Morfit, Mastercard finance chief Sachin Mehra and former chief executive of Carnival Corp Arnold Donald to its board.","seolocation":"telecomnews\/salesforce-appoints-new-board-directors-amid-activist-investor-pressure","seolocationalt":"Salesforce appoints new board directors amid activist investor pressure","url_seo":"salesforce-appoints-new-board-directors-amid-activist-investor-pressure"},{"msid":"97348853","stname":"Microsoft to reveal reasons for mega outage in detail this week","artsyn":"Microsoft said it will follow up in three days with a preliminary Post Incident Review (PIR), which will cover the initial root cause and repair items.","seolocation":"telecomnews\/microsoft-to-reveal-reasons-for-mega-outage-in-detail-this-week","seolocationalt":"Microsoft to reveal reasons for mega outage in detail this week","url_seo":"microsoft-to-reveal-reasons-for-mega-outage-in-detail-this-week"},{"msid":"97335903","stname":"IBM cuts 3,900 jobs after muted consulting demand hits quarterly revenue","artsyn":"Big Blue spun-off its large and laggard managed infrastructure business, now called Kyndryl, in late 2021 to focus on its hybrid-cloud, where it helps clients set up a combination of their own data centers and leased computing resources. It also divested its healthcare data and analytics business from its AI business Watson Health.","seolocation":"telecomnews\/ibm-cuts-3900-jobs-after-muted-consulting-demand-hits-quarterly-revenue","seolocationalt":"IBM cuts 3,900 jobs after muted consulting demand hits quarterly revenue","url_seo":"ibm-cuts-3900-jobs-after-muted-consulting-demand-hits-quarterly-revenue"},{"msid":"97322959","stname":"Microsoft's dour outlook raises red flags for tech sector","artsyn":"Microsoft, the second most valuable U.S. company, sounded a cautious note in its quarterly earnings report as a steep fall in client spending has sparked a series of high-profile layoffs in the tech industry.","seolocation":"telecomnews\/microsofts-dour-outlook-raises-red-flags-for-tech-sector","seolocationalt":"Microsoft's dour outlook raises red flags for tech sector","url_seo":"microsofts-dour-outlook-raises-red-flags-for-tech-sector"},{"msid":"97307249","stname":"Oracle introduces new logistics capabilities to boost global supply chains","artsyn":"Logistics leaders are overwhelmed with a recent buildup of port and shipping delays, fluctuating fuel costs, and evolving trade regulations while also being at the forefront of efforts to reduce carbon emissions of goods in transit.","seolocation":"telecomnews\/oracle-introduces-new-logistics-capabilities-to-boost-global-supply-chains","seolocationalt":"Oracle introduces new logistics capabilities to boost global supply chains","url_seo":"oracle-introduces-new-logistics-capabilities-to-boost-global-supply-chains"},{"msid":"97306937","stname":"Microsoft probes Teams, Outlook outage as thousands of users report disruption","artsyn":"Microsoft did not disclose the number of users affected by the disruption, but data from outage tracking website Downdetector showed more than 3,900 incidents in India and over 900 in Japan. Outage reports also spiked in Australia, Britain and the United Arab Emirates.","seolocation":"telecomnews\/microsoft-probes-teams-outlook-outage-as-thousands-of-users-report-disruption","seolocationalt":"Microsoft probes Teams, Outlook outage as thousands of users report disruption","url_seo":"microsoft-probes-teams-outlook-outage-as-thousands-of-users-report-disruption"},{"msid":"97294687","stname":"Indian SaaS companies to touch $35 billion in ARR By 2027: Bain & Company report","artsyn":"The report said the Indian SaaS ecosystem continues to gather momentum despite prevailing market headwinds and has become a global leader behind only the US in scale and maturity.","seolocation":"telecomnews\/indian-saas-companies-to-touch-35-billion-in-arr-by-2027-bain-company-report","seolocationalt":"Indian SaaS companies to touch $35 billion in ARR By 2027: Bain & Company report","url_seo":"indian-saas-companies-to-touch-35-billion-in-arr-by-2027-bain-company-report"}],"primeid":0,"storytags":{"categoryTag":{"sectionid":"24285188","sectionname":"Enterprise Services","seolocation":"enterprise-services","seolocationalt":"enterprise-services"},"otherTags":[{"keyid":"491023","value":"Enterprise Services","smid":"0","keynameseo":"Enterprise-Services","keytype":"","keycount":"totalcount","weightage":"40"},{"keyid":"6369763","value":"Vishal Sikka","smid":"0","keynameseo":"Vishal-Sikka","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"76386","value":"pay package","smid":"0","keynameseo":"pay-package","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"44604","value":"Nandan Nilekani","smid":"0","keynameseo":"Nandan-Nilekani","keytype":"","keycount":"totalcount","weightage":"20"}],"filterTags":[]},"formattedTags":{"companyTags":[],"otherTags":[{"name":"Enterprise Services"},{"name":"Nandan Nilekani"},{"name":"Vishal Sikka"},{"name":"pay package"}],"newsCategoryTags":[{"name":"Enterprise Services","seolocation":"enterprise-services"}],"breadcrumbTags":["Enterprise Services","Vishal Sikka","pay package","Nandan Nilekani"],"filterTags":[]},"breadcrumbTags":["Enterprise Services","Vishal Sikka","pay package","Nandan Nilekani"],"Alttitle":{"minfo":""},"Altdescription":{"minfo":""},"amp_url":"\/\/www.iser-br.com\/amp\/news\/enterprise-services\/a-fan-of-kaun-banega-crorepati-read-about-these-multicrore-it-episodes\/47623465","associated":{"articles":{"97815764":{"msid":"97815764","stname":"Microsoft job cuts: Employees in HoloLens, Surface and Xbox teams hit","artsyn":"Citing a person familiar with the matter, Bloomberg reported that Microsoft has reduced the headcount in Xbox marketing and the Xbox Gaming Ecosystem Group. Meanwhile, Xbox Chief Phil Spencer sent an email to employees saying, \"I encourage everyone to take the time and space necessary to process these changes and support your colleagues.\"","seolocation":"telecomnews\/microsoft-job-cuts-employees-in-hololens-surface-and-xbox-teams-hit","seolocationalt":"Microsoft job cuts: Employees in HoloLens, Surface and Xbox teams hit","url_seo":"microsoft-job-cuts-employees-in-hololens-surface-and-xbox-teams-hit"},"97758304":{"msid":"97758304","stname":"Microsoft rejoins Apple in $2 trillion club as rally accelerates","artsyn":"Microsoft rose as much as 3.4% to $276.76 early Wednesday, joining Apple Inc. as the only stocks with market capitalizations above $2 trillion. This is the first time it has exceeded that level since August after rallying 29% from a November low. Apple has a market value of about $2.44 trillion.","seolocation":"telecomnews\/microsoft-rejoins-apple-in-2-trillion-club-as-rally-accelerates","seolocationalt":"Microsoft rejoins Apple in $2 trillion club as rally accelerates","url_seo":"microsoft-rejoins-apple-in-2-trillion-club-as-rally-accelerates"},"97753640":{"msid":"97753640","stname":"Route Mobile launches AI\/ML-driven chatbot for businesses","artsyn":"Route Mobile said that businesses can also design their own chatbot with Roubot\u2019s \u201cFlow Builder\u201d through a drag-and-drop user interface. It lets businesses integrate this customer engagement solution seamlessly and securely with CRM systems, payment gateways, and third-party messaging platforms such as WhatsApp and Facebook Messenger.","seolocation":"telecomnews\/route-mobile-launches-ai\/ml-driven-chatbot-for-businesses","seolocationalt":"Route Mobile launches AI\/ML-driven chatbot for businesses","url_seo":"route-mobile-launches-ai\/ml-driven-chatbot-for-businesses"},"97735495":{"msid":"97735495","stname":"Microsoft 'committed' to solving UK concerns on Activision deal","artsyn":"\"We are committed to offering effective\u202f and\u202f easily\u202f enforceable solutions\u202fthat address the CMA's concerns,\" Microsoft's Corporate Vice President and Deputy General Counsel Rima Alaily said in a statement.","seolocation":"telecomnews\/microsoft-committed-to-solving-uk-concerns-on-activision-deal","seolocationalt":"Microsoft 'committed' to solving UK concerns on Activision deal","url_seo":"microsoft-committed-to-solving-uk-concerns-on-activision-deal"},"97720444":{"msid":"97720444","stname":"TCS scores $700 million deal to digitize UK insurer\u2019s products","artsyn":"London-based Phoenix Group Holdings Plc has agreed to a contract worth more than \u00a3600 million ($723 million) to digitally transform its product offering, TCS said in a statement on Wednesday.","seolocation":"telecomnews\/tcs-scores-700-million-deal-to-digitize-uk-insurers-products","seolocationalt":"TCS scores $700 million deal to digitize UK insurer\u2019s products","url_seo":"tcs-scores-700-million-deal-to-digitize-uk-insurers-products"},"97691908":{"msid":"97691908","stname":"Microsoft discontinues Authenticator app for Apple Watch","artsyn":"The tech giant blamed this decision on watchOS being \"incompatible with Authenticator security features,\" reports 9To5Mac.","seolocation":"telecomnews\/microsoft-discontinues-authenticator-app-for-apple-watch","seolocationalt":"Microsoft discontinues Authenticator app for Apple Watch","url_seo":"microsoft-discontinues-authenticator-app-for-apple-watch"},"97688789":{"msid":"97688789","stname":"Microsoft investigates Outlook outage as users face issues","artsyn":"There were more than 2,000 incidents of people reporting issues with Outlook late Tuesday at about 23:10 ET, according to Downdetector.com, which tracks outages by collating status reports from sources, including user-submitted errors on its platform.","seolocation":"telecomnews\/microsoft-investigates-outlook-outage-as-users-face-issues","seolocationalt":"Microsoft investigates Outlook outage as users face issues","url_seo":"microsoft-investigates-outlook-outage-as-users-face-issues"},"97672950":{"msid":"97672950","stname":"Lenovo India to scale up \u2018Infra-as-a-Service\u2019 offerings: MD Shailendra Katyal","artsyn":"Shailendra Katyal, who took charge last year, said Lenovo India would target the \u201cmetered usage\u201d ecosystem where it will offer the device, cloud storage and other infrastructure on the \u2018as-a-service\u2019 model to other companies.","seolocation":"telecomnews\/lenovo-india-to-scale-up-infra-as-a-service-offerings-md-shailendra-katyal","seolocationalt":"Lenovo India to scale up \u2018Infra-as-a-Service\u2019 offerings: MD Shailendra Katyal","url_seo":"lenovo-india-to-scale-up-infra-as-a-service-offerings-md-shailendra-katyal"},"97602570":{"msid":"97602570","stname":"Microsoft's new Teams Premium tier is powered by OpenAI features","artsyn":"According to The Verge, an American technology news website, the new premium tier includes an intelligent recap feature that automatically generates notes, tasks, and highlights of meetings thanks to GPT-3.5.","seolocation":"telecomnews\/microsofts-new-teams-premium-tier-is-powered-by-openai-features","seolocationalt":"Microsoft's new Teams Premium tier is powered by OpenAI features","url_seo":"microsofts-new-teams-premium-tier-is-powered-by-openai-features"},"97508213":{"msid":"97508213","stname":"Cloud firm NetApp to cut 8% of global workforce amid tech layoffs","artsyn":"\"Companies are facing an increasingly challenging macroeconomic environment, which is driving more conservatism in IT spending. We are not immune to these challenges,\" NetApp Chief Executive George Kurian said in a letter to employees.","seolocation":"telecomnews\/cloud-firm-netapp-to-cut-8-of-global-workforce-amid-tech-layoffs","seolocationalt":"Cloud firm NetApp to cut 8% of global workforce amid tech layoffs","url_seo":"cloud-firm-netapp-to-cut-8-of-global-workforce-amid-tech-layoffs"},"97507569":{"msid":"97507569","stname":"SaaS pips fintech as largest unicorn creator in 2022: Orios","artsyn":"However, many of the SaaS unicorns reached the coveted $1-billion valuation on the back of inflated price-to-valuation ratios, Orios managing partner Rehan Yar Khan told ET.","seolocation":"telecomnews\/saas-pips-fintech-as-largest-unicorn-creator-in-2022-orios","seolocationalt":"SaaS pips fintech as largest unicorn creator in 2022: Orios","url_seo":"saas-pips-fintech-as-largest-unicorn-creator-in-2022-orios"},"97477822":{"msid":"97477822","stname":"IBM, SAP employees in India nervous about potential layoffs","artsyn":"SAP, in an email to employees, said they will pivot to be more focused on the industries where it leads, complemented by a strong ecosystem. SAP plans to consolidate the CX (consumer experience) and industries teams for SAP product engineering, and marketing and solutions respectively. It plans to cut 3,000 jobs and is exploring the sale of Qualtrics, the experience management company it acquired for $8 billion five years ago.","seolocation":"telecomnews\/ibm-sap-employees-in-india-nervous-about-potential-layoffs","seolocationalt":"IBM, SAP employees in India nervous about potential layoffs","url_seo":"ibm-sap-employees-in-india-nervous-about-potential-layoffs"},"97429231":{"msid":"97429231","stname":"Active IT job vacancies in India plummet 60% in January","artsyn":"Job market experts said tech companies are cautious about adding to their payrolls amid worries around a gloomy global macroeconomic outlook, fears of recession in the West, and demand concerns due to the ongoing uncertainty.","seolocation":"telecomnews\/active-it-job-vacancies-in-india-plummet-60-in-january","seolocationalt":"Active IT job vacancies in India plummet 60% in January","url_seo":"active-it-job-vacancies-in-india-plummet-60-in-january"},"97381402":{"msid":"97381402","stname":"Salesforce appoints new board directors amid activist investor pressure","artsyn":"The company appointed chief executive of hedge fund ValueAct Capital Mason Morfit, Mastercard finance chief Sachin Mehra and former chief executive of Carnival Corp Arnold Donald to its board.","seolocation":"telecomnews\/salesforce-appoints-new-board-directors-amid-activist-investor-pressure","seolocationalt":"Salesforce appoints new board directors amid activist investor pressure","url_seo":"salesforce-appoints-new-board-directors-amid-activist-investor-pressure"},"97348853":{"msid":"97348853","stname":"Microsoft to reveal reasons for mega outage in detail this week","artsyn":"Microsoft said it will follow up in three days with a preliminary Post Incident Review (PIR), which will cover the initial root cause and repair items.","seolocation":"telecomnews\/microsoft-to-reveal-reasons-for-mega-outage-in-detail-this-week","seolocationalt":"Microsoft to reveal reasons for mega outage in detail this week","url_seo":"microsoft-to-reveal-reasons-for-mega-outage-in-detail-this-week"},"97335903":{"msid":"97335903","stname":"IBM cuts 3,900 jobs after muted consulting demand hits quarterly revenue","artsyn":"Big Blue spun-off its large and laggard managed infrastructure business, now called Kyndryl, in late 2021 to focus on its hybrid-cloud, where it helps clients set up a combination of their own data centers and leased computing resources. It also divested its healthcare data and analytics business from its AI business Watson Health.","seolocation":"telecomnews\/ibm-cuts-3900-jobs-after-muted-consulting-demand-hits-quarterly-revenue","seolocationalt":"IBM cuts 3,900 jobs after muted consulting demand hits quarterly revenue","url_seo":"ibm-cuts-3900-jobs-after-muted-consulting-demand-hits-quarterly-revenue"},"97322959":{"msid":"97322959","stname":"Microsoft's dour outlook raises red flags for tech sector","artsyn":"Microsoft, the second most valuable U.S. company, sounded a cautious note in its quarterly earnings report as a steep fall in client spending has sparked a series of high-profile layoffs in the tech industry.","seolocation":"telecomnews\/microsofts-dour-outlook-raises-red-flags-for-tech-sector","seolocationalt":"Microsoft's dour outlook raises red flags for tech sector","url_seo":"microsofts-dour-outlook-raises-red-flags-for-tech-sector"},"97307249":{"msid":"97307249","stname":"Oracle introduces new logistics capabilities to boost global supply chains","artsyn":"Logistics leaders are overwhelmed with a recent buildup of port and shipping delays, fluctuating fuel costs, and evolving trade regulations while also being at the forefront of efforts to reduce carbon emissions of goods in transit.","seolocation":"telecomnews\/oracle-introduces-new-logistics-capabilities-to-boost-global-supply-chains","seolocationalt":"Oracle introduces new logistics capabilities to boost global supply chains","url_seo":"oracle-introduces-new-logistics-capabilities-to-boost-global-supply-chains"},"97306937":{"msid":"97306937","stname":"Microsoft probes Teams, Outlook outage as thousands of users report disruption","artsyn":"Microsoft did not disclose the number of users affected by the disruption, but data from outage tracking website Downdetector showed more than 3,900 incidents in India and over 900 in Japan. Outage reports also spiked in Australia, Britain and the United Arab Emirates.","seolocation":"telecomnews\/microsoft-probes-teams-outlook-outage-as-thousands-of-users-report-disruption","seolocationalt":"Microsoft probes Teams, Outlook outage as thousands of users report disruption","url_seo":"microsoft-probes-teams-outlook-outage-as-thousands-of-users-report-disruption"},"97294687":{"msid":"97294687","stname":"Indian SaaS companies to touch $35 billion in ARR By 2027: Bain & Company report","artsyn":"The report said the Indian SaaS ecosystem continues to gather momentum despite prevailing market headwinds and has become a global leader behind only the US in scale and maturity.","seolocation":"telecomnews\/indian-saas-companies-to-touch-35-billion-in-arr-by-2027-bain-company-report","seolocationalt":"Indian SaaS companies to touch $35 billion in ARR By 2027: Bain & Company report","url_seo":"indian-saas-companies-to-touch-35-billion-in-arr-by-2027-bain-company-report"}}}}" data-news-images="[{"msid":"47623467","msname":"Untitled-19","msnameseo":"untitled-19","mediatype":"1","artdate":"2015-06-11 09:06:00.0","caption":""}]" data-newsletter-by="0" data-newsletter-date="a" data-hasbottomcarousel="" data-alldetailsopen="0" data-multipleanalyticshit="" data-deeplink="https://ettelecom.app.link?$deeplink_path=" data-socialshareformat="default">
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