Infosys delays annual salary hikes to fourth quarter due to global economic uncertainties.

Infosys, a major Indian IT company, has delayed its annual salary hike to the fourth quarter of the 2024-25 fiscal year due to global economic uncertainties. The decision to postpone raises reflects challenges in the IT sector, including client hesitance to increase IT spending amid macroeconomic pressures. Infosys joins other IT giants like HCL Tech, LTI Mindtree, and L&T Tech Services in delaying salary increases to maintain profitability.

3 months ago
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