Thursday, December 18, 2008
Filled Under: Cost cutting, Recession
Infy to offer single-digit salary hikes
BANGALORE: Infosys Technologies, India’s second biggest software company, will offer single-digit salary hikes next financial year, joining its peers, including TCS and Wipro, that have indicated that they would either defer salary hikes, or look at 7-8% hikes, in order to cope with a lower demand for their services in the US and Europe, their key markets.
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