<ul><li>Infosys founder Narayana Murthy revealed that the company had honoured offers made to all 1,500 freshers during the 2001 dotcom bust and took the largest pay cuts at the Board of Directors and executive level.</li><li>Murthy's comments come at a time when IT companies have delayed onboarding of freshers indefinitely due to a harsh demand environment and macroeconomic climate.</li><li>According to a Moneycontrol analysis, the pay of IT company CEOs increased by 835 percent in a decade, compared to 45 percent for newer employees, highlighting a significant pay disparity between CEOs and freshers.</li></ul>

Infosys top execs took pay cut, honoured all fresher offers during 2001 dotcom bust: Narayana Murthy

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