Top IT giants may cut salary hikes by half as slump hurts the Indian IT sector
Edited By WION Video Desk
Published: Dec 19, 2023, 03:50 IST | Updated: Dec 19, 2023, 03:50 IST
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Fears of a worldwide recession have prompted leading Indian IT companies to drastically reduce employee raises and promotions every year. The tech giant Infosys, headquartered in Bengaluru, has increased employee salaries by less than 10% this year.
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