Saturday, 28 October, 2023

Tech Companies Consider Halving Pay Hikes Amid Economic Slowdown

The tech industry may reduce pay raises by up to 50% due to economic challenges. As the global economic slowdown impacts various sectors, tech companies are exploring cost-saving measures by revising their compensation strategies. The potential reduction in pay hikes reflects a broader trend among businesses to adapt to changing financial landscapes while retaining talent in an increasingly competitive job market.