GgoogleIN first seen 2 d ago, last 1 d ago, peak #1
Zoho skips pay hikes, citing AI costs
Original: zoho
Indian software firm Zoho has decided not to give pay hikes to employees, attributing the move to rising AI-related costs and a challenging geopolitical environment. The decision by one of India's best-known homegrown tech companies is drawing attention amid broader debate about how AI spending is reshaping hiring and compensation across the Indian IT sector.
Why now: Zoho's decision to forgo salary increases signals cost pressures from AI investment affecting India's tech workforce.
Evidence
- ‘Software jobs outlook grim’: Marketing budget cut, no annual pay hikes at Zoho as AI, server costs rise · ThePrint
- Zoho skips pay hikes, cites raised AI costs and geopolitical backdrop · The Economic Times
- If India plays its cards right, suspension of PERM may be an opportunity: Priyank Kharge · The Hindu
API: https://socialmediatrends-api.osmike.com/v1/trends/1940801