India’s one of the leading IT firm Infosys has undergone a major change recently, this firm’s much-appreciated CEO and MD Vishal Sikka has submitted his resignation to the founder Narayana Murthy. Many assumed reasons behind this surfaced the Internet, but out of all of them, the popularly known rift between him and the founder is mostly believed.
Sikka’s ‘all of sudden’ exit from the company has triggered major losses in both shares and others which altogether made up to Rs 30000 crore. This former CEO blamed the IT giant’s founder, Narayan Murthy for his exit. The former CEO and MD were joined by several members of the board in blaming Murthy and his leadership.
On the other hand, this became an interesting subject of humor for the Twitterati as netizens went brutally trolling the deed. The hilarious reactions to the sad and shocking news mainly targeted Sikka and Murthy.
Infosys has become an oasis of trolls on the Internet, literally unending opinions and comments flooded the social media networks all the way since the moment Sikka submitted his resignation letter in which he bluntly blamed the founder’s way of running the company.
On the top of all, it is the leaked email that conveyed everything roping in all this, in the mail it is seen Murthy criticising Vishal Sikka and stating that he is more ‘chief technical officer (CTO)’ material than ‘chief executive officer (CEO)’ material.
Post the downfall of the shares at the market, the board members opened up about the founder, went saying, “The founder of Infosys has been released to various media houses attacking the integrity of the Board and Management of the Company alleging falling corporate governance standards in the Company.”
Meanwhile, check the Twitter reactions below:
While the whole fiasco is on the table, it is decided that Vishal Sikka will continue being the CEO and MD till March 2018 as long as it takes to find the perfect replacement.