If this is India's IT sector condition, then I am worried that most of the working employees will remain at the same salary for years. India's growth will stop.
A toxic startup company
This is a real story
There is a company I came across, it wants employees to work from 10AM to 10PM and some teams stayback until 12AM to complete the work by manager and still employees including interns get scolded by manage
ChatGPT's launch was so low-key that some OpenAI employees didn't even know about it in advance. The most bullish prediction expected 100,000 people to try it within one week.
It reached a million in 5 days and 100 million within two months.
Singapore Airlines rewarded employees with 8 months of salary as a bonus after posting huge profits.
And then there are some Indian companies that give Soan Papdi as a Diwali bonus once a year. 😭