Hiring Americans can strain margins of IT firms operating in US.
Global financial crisis has created an adverse impact on the economy especially on the Indian IT industry.
In 2015, Infosys, under the leadership of then CEO Vishal Sikka, had bought Israeli automation technology firm Panaya for around $ 200 million and e-commerce service provider Skava for $1 20 million. The buyouts were mired in controversy owing to allegation of over-payment apart from not being an ideal fit.
David, is set to join Hewlett Packard Enterprise as a senior VP for Enterprise Services Delivery.
Sikka has influenced the company to break away from the old mould in more ways than one.