IT firms to CXOs: No poaching after exit

IT firms are now reworking the contracts with their senior executives by putting in a clause which restrains them from soliciting, hiring or poaching employees after joining rival companies.

The clause is being reinforced after the recent legal spat between Wipro and its former CFO Jatin Dalal, who joined rival firm Cognizant soon after leaving the company. The matter was referred for arbitration last week by a Bengaluru district court. Even Infosys sent a missive to Cognizant warning against unethical poaching.